Driving Forces for Research and Development Strategies : An Empirical Analysis Based on Firm-level Panel Data
AbstractThis paper investigates empirically different ways to organise R&D within Swiss firms. Based on a longitudinal data set comprising three cross sections (1999, 2002, and 2005) of the Swiss innovation survey, four different types of R&D strategies could have been separated; firms combine in-house R&D with R&D co-operations (coop), or in-house R&D with external R&D (buy), or they conduct in-house R&D, external R&D and R&D co-operations (mixed), or they exclusively rely on in-house R&D (make). It is the aim of this paper to understand what drives firms to go for different strategies. Based on econometric estimations controlling for correlations between the dependent variables and endogeneity among the independent variables it was found that concepts related to the absorptive capacity, incoming spillovers and appropriability, the importance of different knowledge resources, the competitive environment, costs and skill aspects as well as technological uncertainty are essential factors to determine firm’s decision to choose a specific way to organise R&D.
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Bibliographic InfoPaper provided by KOF Swiss Economic Institute, ETH Zurich in its series KOF Working papers with number 07-184.
Length: 33 pages
Date of creation: Dec 2007
Date of revision:
Research and Development; R&D Co-operations; Empirical Analysis (Firm Panel); R&D Strategies;
Other versions of this item:
- Martin Woerter, 2011. "Driving forces for research and development strategies: an empirical analysis based on firm-level panel data," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(7), pages 611-636, March.
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-01-12 (All new papers)
- NEP-CSE-2008-01-12 (Economics of Strategic Management)
- NEP-INO-2008-01-12 (Innovation)
- NEP-IPR-2008-01-12 (Intellectual Property Rights)
- NEP-KNM-2008-01-12 (Knowledge Management & Knowledge Economy)
- NEP-MIC-2008-01-12 (Microeconomics)
- NEP-TID-2008-01-12 (Technology & Industrial Dynamics)
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