Internal R&D expenditures and external technology sourcing
AbstractThe paper examines the two-way relationship between external R&D activities and internal R&D expenditures on a cross-section of Flemish R&D active companies. The analysis extends the classical explanatory variables like size, diversification, ownership structure and technological opportunities to include the impact of various external sourcing strategies. R&D cooperation and to a lesser extent R&D contracted out are found to have a significant positive effect on internal R&D but only if the companies have absorptive capacity in the form of a full-time staffed R&D department. At the same time, firms are found to be more frequently engaged in R&D cooperation, the more they spend on internal R&D. (C) 1997 Elsevier Science B.V.
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Bibliographic InfoPaper provided by Katholieke Universiteit Leuven in its series Open Access publications from Katholieke Universiteit Leuven with number urn:hdl:123456789/101584.
Date of creation: Oct 1997
Date of revision:
Publication status: Published in Research policy (1997-10) v.26, p.303-315
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Web page: http://www.kuleuven.be
internal r&d; external sourcing; cooperation; two-way relationship; public-policy; innovation; spillovers; firms; productivity; cooperation; enterprises; linkages; industry;
Other versions of this item:
- Veugelers, Reinhilde, 1997. "Internal R & D expenditures and external technology sourcing," Research Policy, Elsevier, vol. 26(3), pages 303-315, October.
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