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Why do firms disclose knowledge and how does it matter ?

Author

Listed:
  • Paul Muller

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

  • Julien Pénin

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, Département des sciences économiques - UQAM - Université du Québec à Montréal = University of Québec in Montréal)

Abstract

In this paper we propose a simulation model aimed at describing the emergence and the dynamics of innovation networks, with particular emphasis on the role of open knowledge disclosure. It is argued that firms that widely disclose knowledge to other firms are more likely to enter innovation networks and to acquire a central position within these networks. By disclosing knowledge, firms increase their reputation, which indicates to other organizations that they are competent, and that it is worth starting a partnership with them. The higher a firm reputation, the higher its probability of entering new R&D partnerships with other firms. Our model provides, therefore, a rationale for behaviors of open knowledge disclosure by showing that such strategies, although risky in the short run, may pay in the long run by enabling firms to access external sources of knowledge more easily.

Suggested Citation

  • Paul Muller & Julien Pénin, 2007. "Why do firms disclose knowledge and how does it matter ?," Post-Print hal-00279198, HAL.
    • Handle: RePEc:hal:journl:hal-00279198
    DOI: 10.1007/978-3-540-49465-2_9
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    Citations

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    Cited by:

    1. Yin Li & Jan Youtie & Philip Shapira, 2015. "Why do technology firms publish scientific papers? The strategic use of science by small and midsize enterprises in nanotechnology," The Journal of Technology Transfer, Springer, vol. 40(6), pages 1016-1033, December.
    2. Sebastian Spaeth & Georg von Krogh & Fang He, 2015. "Research Note —Perceived Firm Attributes and Intrinsic Motivation in Sponsored Open Source Software Projects," Information Systems Research, INFORMS, vol. 26(1), pages 224-237, March.
    3. Roberto Camerani & Daniele Rotolo & Nicola Grassano, 2018. "Do firms publish? A multi-sectoral analysis," JRC Working Papers on Corporate R&D and Innovation 2018-05, Joint Research Centre.
    4. Useche, Diego, 2014. "Are patents signals for the IPO market? An EU–US comparison for the software industry," Research Policy, Elsevier, vol. 43(8), pages 1299-1311.
    5. Liu Li, 2020. "Trade-Off Exploration and Exploitation as Moderators: How does Technological Heterogeneity among Cooperators Affect Firms Financial Performance?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(4), pages 380-398, April.
    6. Rotolo, Daniele & Camerani, Roberto & Grassano, Nicola & Martin, Ben R., 2022. "Why do firms publish? A systematic literature review and a conceptual framework," Research Policy, Elsevier, vol. 51(10).
    7. Li, Yin & Arora, Sanjay & Youtie, Jan & Shapira, Philip, 2018. "Using web mining to explore Triple Helix influences on growth in small and mid-size firms," Technovation, Elsevier, vol. 76, pages 3-14.
    8. Philippe Gorry & Diego Useche, 2018. "Orphan Drug Designations as Valuable Intangible Assets for IPO Investors in Pharma-Biotech Companies," NBER Chapters, in: Economic Dimensions of Personalized and Precision Medicine, pages 305-334, National Bureau of Economic Research, Inc.
    9. Liu Li & Chaoying Tang, 2020. "How Does Inter-Organizational Cooperation Impact Organizations’ Scientific Knowledge Generation? Evidence from the Biomass Energy Field," Sustainability, MDPI, vol. 13(1), pages 1-18, December.
    10. Csomós György, 2017. "Mapping Spatial and Temporal Changes of Global Corporate Research and Development Activities by Conducting a Bibliometric Analysis," Quaestiones Geographicae, Sciendo, vol. 36(1), pages 65-77, March.
    11. Benjamin Weber & Sven Heidenreich, 2016. "Improving Innovation Capabilities By Cooperation: Examining Effects Of Core Network Management Functions And Relational Mechanisms In The Industrial Goods Sector," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(07), pages 1-29, October.
    12. Delgado-Verde, Miriam & Martín-de Castro, Gregorio & Cruz-González, Jorge & Navas-López, José Emilio, 2021. "Complements or substitutes? The contingent role of corporate reputation on the interplay between internal R&D and external knowledge sourcing," European Management Journal, Elsevier, vol. 39(1), pages 70-83.
    13. Margherita Balconi & Valeria Lorenzi & Pier Paolo Saviotti & Antonella Zucchella, 2013. "Cognitive distance in research collaborations," DEM Working Papers Series 051, University of Pavia, Department of Economics and Management.
    14. Sonja Lück & Benjamin Balsmeier & Florian Seliger & Lee Fleming, 2020. "Early Disclosure of Invention and Reduced Duplication: An Empirical Test," Management Science, INFORMS, vol. 66(6), pages 2677-2685, June.

    More about this item

    Keywords

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    JEL classification:

    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

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