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来源类型Working Paper
规范类型报告
DOI10.3386/w25051
来源IDWorking Paper 25051
Inventive Capabilities in the Division of Innovative Labor
Ashish Arora; Wesley M. Cohen; Colleen M. Cunningham
发表日期2018-09-17
出版年2018
语种英语
摘要We study how the inventive capability of a firm conditions its participation in a division of innovative labor. Capable firms are, by definition, able to invent; for them, external inventions substitute for their own R&D. However, external knowledge is an input into internal invention, and thus, more valuable to firms with inventive capability. Using a simple model of innovation and imitation, we explore how inventive capability affects a firm’s R&D investments, and thus whether and how it innovates, imitates, or does neither. Further, we study how these outcomes are conditioned by the supply of external knowledge as well as the supply of external inventions. In an advance over the literature, we treat firm inventive capability as unobserved, and use a latent class multinomial model to infer its value. Using a recent survey of product innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use internal, rather than externally generated inventions, to innovate, and they use external knowledge to enhance their internal inventive activity. By contrast, lower capability firms are more likely to introduce “me-too” or imitative products, and when they innovate, are more likely to rely on external sources of inventions. Our findings suggest the successful pursuit of R&D-led growth depends both on firm inventive capability and the external knowledge environment.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w25051
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/582725
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Ashish Arora,Wesley M. Cohen,Colleen M. Cunningham. Inventive Capabilities in the Division of Innovative Labor. 2018.
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