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In-house versus External Basic Research and First-to-market Innovations

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Listed author(s):
  • Dolores Añón Higón

    (Departamento de Economía Aplicada II, Universitat de València)

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    Abstract

    This paper explores to what extent conducting internal basic research, as opposed to external basic research (i.e. outsourcing and collaboration with universities) encourages firms to bring new products into the market ahead of competitors, and contributes to innovation performance. The analysis is based on a sample of Spanish manufacturing firms over the period 2006-2012. Our findings suggest that conducting in-house basic research affects firm’s propensity to introduce product novelties. Furthermore, performing this activity continuously affects the probability of being product-pioneer in low and medium-low tech sectors. Collaboration with universities also helps in introducing new products ahead of competitors, but contracting scientific research from universities does not lead to a pioneer strategy

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    File URL: ftp://147.156.210.157/RePEc/pdf/eec_1601.pdf
    File Function: First version, 2016
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    Paper provided by Department of Applied Economics II, Universidad de Valencia in its series Working Papers with number 1601.

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    Date of creation: Jan 2016
    Handle: RePEc:eec:wpaper:1601
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    Keywords: basic research; in-house; outsourcing; collaboration; pioneer; imitation;

    Find related papers by JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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