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How Do Firms Source External Knowledge For Innovation? Analysing Effects Of Different Knowledge Sourcing Methods

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  • KI H. KANG

    ()
    (Technology Management Economics and Policy Program (TEMEP), Seoul National University, Seoul, South Korea)

  • JINA KANG

    ()
    (Technology Management Economics and Policy Program (TEMEP) and Department of Industrial Engineering, Seoul National University, Seoul, South Korea)

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    Abstract

    In the era of "open innovation", external knowledge is a very important source for technology innovation. In this paper, we investigate the relationship between external knowledge and performance of technology innovation. The effect of external knowledge on the performance of technology innovation can vary with different external knowledge sourcing methods. We identify three ways of external knowledge sourcing: information transfer from informal network, R&D collaboration and technology acquisition. We propose three hypotheses to examine relationship between the three methods of external knowledge sourcing and the technology innovation performance. Our results show that information transfer from informal network and technology acquisition have positive relationships with the technology innovation performance. R&D collaboration, however, has an inverted-U-shape relationship with technology innovation performance. This implies that the effect of external knowledge on technology innovation varies depending on the particular external knowledge sourcing method. This research has an important implication for firms in selecting an appropriate strategy for accessing external knowledge.

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    Bibliographic Info

    Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Journal of Innovation Management.

    Volume (Year): 13 (2009)
    Issue (Month): 01 ()
    Pages: 1-17

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    Handle: RePEc:wsi:ijimxx:v:13:y:2009:i:01:p:1-17

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    Related research

    Keywords: External knowledge; knowledge sourcing method; technology innovation; strategy; open innovation; information network; R&D collaboration; technology acquisition;

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    Cited by:
    1. Chiara Franco & Alberto Marzucchi & Sandro Montresor, 2012. "Absorptive capacity, innovation cooperation and human-capital. Evidence from 3 European countries," JRC-IPTS Working Papers JRC77090, Institute for Prospective and Technological Studies, Joint Research Centre, revised Nov 2012.
    2. Chiara Franco & Alberto Marzucchi & Sandro Montresor, 2011. "The “potential” face of absorptive capacity. An empirical investigation for an area of 3 European countries," Working Papers 2011R08, Basque Institute of Competitiveness.
    3. Ki H. Kang & Jina Kang, 2009. "Does Partner Type Matter in R&D Collaboration for Product Innovation?," TEMEP Discussion Papers 200906, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Aug 2009.
    4. A. Lasagni, 2011. "European SMEs, external relationships and innovation: some empirical evidence," Economics Department Working Papers 2011-EP04, Department of Economics, Parma University (Italy).
    5. Tsai-Ju Liao & Chwo-Ming Yu, 2013. "The impact of local linkages, international linkages, and absorptive capacity on innovation for foreign firms operating in an emerging economy," The Journal of Technology Transfer, Springer, vol. 38(6), pages 809-827, December.

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