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Spillovers of Innovation Activities and Their Profitability

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  • Czarnitzki, Dirk
  • Kraft, Kornelius

Abstract

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company possibly benefits from incoming information on successful R&D conducted by other companies, a generally high probability of leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical study on the effects of outgoing and incoming spillovers on firms? profitability. It turns out that the expected asymmetry is actually at work. In contrast to spillovers from competitors, spillovers from suppliers, customers and research institutions exert no effect. --

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Bibliographic Info

Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 07-073.

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Date of creation: 2007
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Handle: RePEc:zbw:zewdip:6893

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Keywords: Innovation; Spillover; Profitability;

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  9. Tobias Schmidt, 2005. "Knowledge Flows and R&D Co-operation: Firm-level Evidence from Germany," Development and Comp Systems 0506006, EconWPA.
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  21. Pierre Mohnen, 1992. "International R&D Spillovers," Cahiers de recherche du Département des sciences économiques, UQAM, Université du Québec à Montréal, Département des sciences économiques 9208, Université du Québec à Montréal, Département des sciences économiques.
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Citations

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Cited by:
  1. Hasnas, Irina & Lambertini, Luca & Palestini, Arsen, 2014. "Open Innovation in a dynamic Cournot duopoly," Economic Modelling, Elsevier, Elsevier, vol. 36(C), pages 79-87.
  2. Liliana Araújo & Sandra T. Silva & Aurora A.C. Teixeira, 2013. "Knowledge spillovers and economic performance of firms located in depressed areas: does geographical proximity matter?," FEP Working Papers 488, Universidade do Porto, Faculdade de Economia do Porto.
  3. Cappelli, Riccardo & Czarnitzki, Dirk & Kraft, Kornelius, 2014. "Sources of spillovers for imitation and innovation," Research Policy, Elsevier, Elsevier, vol. 43(1), pages 115-120.

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