R&D Strategies And Firm Innovative Performance: A Panel Data Analysis
AbstractThe aim of this research is to ascertain the effects of the different R&D strategies (RDSs) — defined as make, buy and make-buy — on firm innovative performance. In order to evaluate RDSs effects in a broader sense, and looking for robust results, we consider different measures of product and/or process innovations as indicators of firm innovative performance. Using panel data models for a sample of 1478 Spanish manufacturing firms during the period 1992–2005, we observe that all RDSs produce a positive influence over all innovation outputs, although the impact is greater for the make-buy strategy and lower for the buy strategy. These effects are conditional on temporality since the greatest impact occurs one year later and that in the second year is reduced to half. Results show that the buy strategy seems to have only short-term effects, whereas the make-buy effects are greater and last longer. In addition, we find empirical support for our proposed argument that RDS effects on firm innovativeness are moderated by technological intensity level.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Journal of Innovation Management.
Volume (Year): 14 (2010)
Issue (Month): 06 ()
Contact details of provider:
Web page: http://www.worldscinet.com/ijim/ijim.shtml
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statistics
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tai Tone Lim).
If references are entirely missing, you can add them using this form.