| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18795 |
| 来源ID | Working Paper 18795 |
| Behind the Scenes: Sources of Complementarity in R&D | |
| Marco Ceccagnoli; Matthew J. Higgins; Vincenzo Palermo | |
| 发表日期 | 2013-02-08 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Even though management consultants increasingly recommend that in-house research be outsourced, little is known about the conditions favoring substitution or complementarity between internal R&D and external technology acquisition. In this paper, we attempt to provide a deeper understanding of the firm-level drivers of complementarity between these two types of investments through the structural estimation of a flexible innovation production function, such as the translog. Our empirical analysis is based on a unique panel dataset on the R&D and in-licensing expenditures of 94 global pharmaceutical firms active in drug development between 1997 and 2005. Our results suggest that internal R&D and in-licensing in the pharmaceutical industry were neither complements nor substitutes during the study period. However, we find that the degree of complementarity is enhanced for firms with stronger absorptive capacity, economies of scope, and past licensing experience. |
| 主题 | Industrial Organization ; Firm Behavior ; Industry Studies ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w18795 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576469 |
| 推荐引用方式 GB/T 7714 | Marco Ceccagnoli,Matthew J. Higgins,Vincenzo Palermo. Behind the Scenes: Sources of Complementarity in R&D. 2013. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18795.pdf（384KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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