Radical Innovations: The Role of Knowledge Acquisition from Abroad

Damián Tojeiro-Rivero; Rosina Moreno; Erika Raquel Badillo

doi:10.1007/s11151-018-9659-3

Radical Innovations: The Role of Knowledge Acquisition from Abroad

Damián Tojeiro-Rivero^*
, Rosina Moreno
, Erika Raquel Badillo

^*Corresponding author for this work

Research output: Indexed journal article › Article › peer-review

8 Citations (Scopus)

Abstract

This paper explores R&D offshoring’s role in radical product innovations. These innovations are important for companies’ growth strategies, and we check the extent to which companies rely on external sources, which may bring knowledge that differs significantly from that already present internally. The evidence for Spanish firms between 2004 and 2013 shows that R&D offshoring influences significantly the intensity of radical but not of incremental innovations. This influence is apparently smaller when external knowledge comes from universities or research institutions rather than from the business sector. The recent financial crisis also exerted a detrimental effect on this influence, as compared with the previous period of economic growth.

Original language	English
Pages (from-to)	173-207
Number of pages	35
Journal	Review of Industrial Organization
Volume	55
Issue number	2
DOIs	https://doi.org/10.1007/s11151-018-9659-3
Publication status	Published - 15 Sept 2019
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

Panel data
R&D offshoring
Sample selection
Spanish firms
Technological and organizational space

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10.1007/s11151-018-9659-3

Cite this

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title = "Radical Innovations: The Role of Knowledge Acquisition from Abroad",

abstract = "This paper explores R\&D offshoring{\textquoteright}s role in radical product innovations. These innovations are important for companies{\textquoteright} growth strategies, and we check the extent to which companies rely on external sources, which may bring knowledge that differs significantly from that already present internally. The evidence for Spanish firms between 2004 and 2013 shows that R\&D offshoring influences significantly the intensity of radical but not of incremental innovations. This influence is apparently smaller when external knowledge comes from universities or research institutions rather than from the business sector. The recent financial crisis also exerted a detrimental effect on this influence, as compared with the previous period of economic growth.",

keywords = "Panel data, R\&D offshoring, Sample selection, Spanish firms, Technological and organizational space",

author = "Dami{\'a}n Tojeiro-Rivero and Rosina Moreno and Badillo, \{Erika Raquel\}",

note = "Publisher Copyright: {\textcopyright} 2018, Springer Science+Business Media, LLC, part of Springer Nature.",

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AU - Tojeiro-Rivero, Damián

AU - Moreno, Rosina

AU - Badillo, Erika Raquel

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Y1 - 2019/9/15

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AB - This paper explores R&D offshoring’s role in radical product innovations. These innovations are important for companies’ growth strategies, and we check the extent to which companies rely on external sources, which may bring knowledge that differs significantly from that already present internally. The evidence for Spanish firms between 2004 and 2013 shows that R&D offshoring influences significantly the intensity of radical but not of incremental innovations. This influence is apparently smaller when external knowledge comes from universities or research institutions rather than from the business sector. The recent financial crisis also exerted a detrimental effect on this influence, as compared with the previous period of economic growth.

KW - Panel data

KW - R&D offshoring

KW - Sample selection

KW - Spanish firms

KW - Technological and organizational space

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IS - 2

ER -

Radical Innovations: The Role of Knowledge Acquisition from Abroad

Abstract

UN SDGs

Keywords

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