This paper investigates three questions related to endogenous information and knowledge disclosure by firms: Which industry sectors are more apt to disclose information and knowledge? Why is such knowledge released? Is knowledge disclosure an efficient strategy? An empirical analysis on four French data sets that focus on appropriation, the practices of innovation, and the related payoffs suggests answers to these questions. A firm with high R&D intensity, from a high-tech sector, participating in R&D partnerships is found to be more likely to engage in disclosure. Firms in the sample were found to "leak" their knowledge to public laboratories to a greater degree than to other private sector firms. Leakage also was found to be associated with improved innovation performance. This research helps broaden the literature on knowledge management practices to include not only the pursuit of formal intellectual property rights such as patents but less formal inter-organizational knowledge transmission mechanisms.
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Paper provided by Ecole Polytechnique Fédérale de Lausanne, Collège du Management de la Technologie, Management of Technology and Entrepreneurship Institute, Chaire en Economie et Management de l'Innovation in its series CEMI Working Papers with number
cemi-report-2005-003.
Length: 31 pages Date of creation: May 2005 Date of revision: Publication status: Published in Economics of Innovation and New Technology, Special issue on "Empirical studies of innovation in the knowledge driven economy”, Guest editors: B.H.Hall and J.Mairesse, vol.15, n°4/5, p.465-491, 2006 Handle: RePEc:cmi:wpaper:cemi-report-2005-003
Find related papers by JEL classification: O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Microeconomic Data
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