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Knowledge Spillovers, Competition and Innovation Success

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  • Spyros Arvanitis
  • Florian Seliger
  • Martin Woerter

Abstract

We study the relationship between a patent‐based measure of knowledge spillovers that calculates technological proximity based on technologically relevant firms and innovation success. We find – for a representative sample of Swiss firms – that knowledge spillovers have a positive and significant association with the commercial success of innovative products. The paper shows the importance of market conditions for the relationship of spillovers with innovation performance: It is only positive and significant in markets with a medium number of competitors in the main product market, but not in monopolistic or polypolistic market structures.

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  • Spyros Arvanitis & Florian Seliger & Martin Woerter, 2020. "Knowledge Spillovers, Competition and Innovation Success," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(5), pages 1017-1041, October.
    • Handle: RePEc:bla:obuest:v:82:y:2020:i:5:p:1017-1041
    DOI: 10.1111/obes.12365
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    Cited by:

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    2. Daniela Bragoli & Flavia Cortelezzi & Massimiliano Rigon, 2023. "Firms' innovation and university cooperation. New evidence from a survey of Italian firms," Temi di discussione (Economic working papers) 1400, Bank of Italy, Economic Research and International Relations Area.
    3. Muhammad Zeeshan Younas & Muhammad Iftikhar Husnain, 2022. "Role of market structure in firm-level innovation: an extended CDM model for a developing economy," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 49(1), pages 91-104, March.
    4. Aldieri, Luigi & Makkonen, Teemu & Vinci, Concetto Paolo, 2022. "Do research and development and environmental knowledge spillovers facilitate meeting sustainable development goals for resource efficiency?," Resources Policy, Elsevier, vol. 76(C).
    5. Nigel Driffield & Jun Du & Jan Godsell & Mark Hart & Katiuscia Lavoratori & Steven Roper & Irina Surdu & Wanrong Zhang, 2021. "Understanding productivity:Organisational Capital perspectives," Working Papers 013, The Productivity Institute.
    6. Song, Haoyang & Hou, Jianhua & Zhang, Yang, 2022. "Catalytic capacity of technological innovation: Multidimensional definition and measurement from the perspective of knowledge spillover," Technology in Society, Elsevier, vol. 68(C).

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