Technology diversification, product innovations, and technology transfer
This paper investigates the relationship between technology specialization and innovation performance of firms emphasizing technology transfer activities with universities as an important knowledge source in order to attenuate the opportunity costs of technological specialization. Based on an econometric analysis combining patent data and survey data on technology transfer activities of firms it was found that technology transfer is positively related with the sales share of innovative products. Following the “technology trajectory (path)” increases the probability of an above average innovation performance. Taking into account the combined effects of transfer activities and technological specialization and in this way approximating the idea that transfer activities enable a firm to be specialized and keep the knowledge base broad and upto-date, we detect a significant positive relationship between the combined effect (transfer and specialization) and the innovation performance of a firm. Smaller firms tend to benefit more from the combination of technology specialization and transfer activities with universities compared to larger firms.
|Date of creation:||Apr 2009|
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- Spyros Arvanitis & Nora Sydow & Martin Woerter, 2005. "Is There Any Impact of University-Industry Knowledge Transfer on the Performance of Private Enterprises? – An Empirical Analysis Based¨on Swiss Firm Data," KOF Working papers 05-117, KOF Swiss Economic Institute, ETH Zurich.
- Martin Andersson & Olof Ejermo, 2008. "Technology Specialization And The Magnitude And Quality Of Exports," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(4), pages 355-375.
- Masao Nakamura & Pierre Mohnen & Cathy Hoareau, 2003.
"What type of enterprise forges close links with universities and government labs? Evidence from CIS 2,"
Managerial and Decision Economics,
John Wiley & Sons, Ltd., vol. 24(2-3), pages 133-145.
- Mohnen Pierre & Hoareau Cathy, 2002. "What type of enterprise forges close links with universities and government labs? Evidence from CIS2," Research Memorandum 009, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Cathy Hoareau & Pierre Mohnen, 2002. "What Type Of Enterprise Forges Close Links With Universities And Government Labs? Evidence From CIS 2," CIRANO Working Papers 2002s-25, CIRANO.
- Laursen, Keld & Salter, Ammon, 2004. "Searching high and low: what types of firms use universities as a source of innovation?," Research Policy, Elsevier, vol. 33(8), pages 1201-1215, October.
- Nathalie Lazaric & Blandine Denis, 2005. "Routinization and memorization of tasks in a workshop: the case of the introduction of ISO norms," Industrial and Corporate Change, Oxford University Press, vol. 14(5), pages 873-896, October.
- Spyros Arvanitis & Ursina Kubli & Nora Sydow & Martin Woerter, 2005. "Knowledge and Technology Transfer (KTT) Activities Between Universities and Firms in Switzerland: The Main Facts : An Empirical Analysis Based on Firm-level Data," KOF Working papers 05-115, KOF Swiss Economic Institute, ETH Zurich.
- Patel, Pari & Pavitt, Keith, 1997. "The technological competencies of the world's largest firms: Complex and path-dependent, but not much variety," Research Policy, Elsevier, vol. 26(2), pages 141-156, May.
- Antonelli, Cristiano, 1997. "The economics of path-dependence in industrial organization," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 643-675, October.
- Spyros Arvanitis & Ursina Kubli & Martin Woerter, 2005. "Determinants of Knowledge and Technology Transfer Activities Between Firms and Science Institutions in Switzerland: An Analysis Based on Firm Data," KOF Working papers 05-116, KOF Swiss Economic Institute, ETH Zurich.
- Monjon, Stéphanie & Waelbroeck, Patrick, 2003. "Assessing spillovers from universities to firms: evidence from French firm-level data," Economics Papers from University Paris Dauphine 123456789/13785, Paris Dauphine University.
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