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External knowledge sourcing: science, market and the value of patented inventions

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Author Info
Cédric Schneider (Department of Economics, Copenhagen Business School, Frederiksberg, Denmark)

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Abstract

This paper analyzes the choice between alternative sources of knowledge in patented inventions. Inventors can use scientific and|or market-oriented sources of knowledge. We formally test whether these two types of knowledge acquisition are complementary or substitutable in the value of patented inventions. The results suggest that simultaneous exploitation of different knowledge inputs is 'subadditive' since inventors would have to manage assimilation and integration of disparate items of external knowledge stemming from distant technological contexts. Copyright © 2009 John Wiley & Sons, Ltd.

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File URL: http://hdl.handle.net/10.1002/mde.1474
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Publisher Info
Article provided by John Wiley & Sons, Ltd. in its journal Managerial and Decision Economics.

Volume (Year): 30 (2009)
Issue (Month): 8 ()
Pages: 551-560
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Handle: RePEc:wly:mgtdec:v:30:y:2009:i:8:p:551-560

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Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/7976

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This page was last updated on 2009-11-29.

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