Driving forces for research and development strategies: an empirical analysis based on firm-level panel data
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Author
Date
2011-10Type
- Journal Article
ETH Bibliography
yes
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Abstract
This paper investigates empirically different ways to organize research and development (R&D) within Swiss firms. Based on a longitudinal data set comprising three cross-sections (1999, 2002, and 2005) of the Swiss Innovation Survey, four different types of R&D strategies could have been separated; firms combine in-house R&D with R&D co-operations (coop) or in-house R&D with external R&D (buy), or they conduct in-house R&D, external R&D, and R&D co-operations (mixed), or they exclusively rely on in-house R&D (make). It is the aim of this paper to understand what drive firms to go for different strategies. Based on econometric estimations controlling for correlations between the dependent variables and endogeneity among the independent variables, it was found that concepts related to the absorptive capacity, incoming spillovers, and appropriability, the importance of different knowledge sources, the competitive environment, costs, and skill aspects as well as technological uncertainty are essential factors to determine a firm's decision to choose a specific way to organize R&D. Show more
Publication status
publishedExternal links
Journal / series
Economics of Innovation and New TechnologyVolume
Pages / Article No.
Publisher
RoutledgeSubject
Research and development; R&D co-operations; Empirical analysis (firm panel); R&D strategies; O30Organisational unit
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
06333 - KOF FB Innovationsökonomik / KOF Innovation Economics
Related publications and datasets
Is new version of: https://doi.org/10.3929/ethz-a-005510829
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