Dynamic complementarities in innovation strategies

James H. Love, Stephen Roper and Priit Vahter

Research Policy, 2014, vol. 43, issue 10, 1774-1784

Abstract: Using a panel of Irish manufacturing plants over the period 1991–2008 we test for dynamic complementarities in the joint use of internal R&D and external knowledge sources. We find little evidence, either from considering successive cross-sectional waves of comparable surveys, or in terms of the strategy switch choices of specific plants, that there has been a systematic move towards the joint use of internal and external knowledge in innovation. We then test formally for the presence of complementarities in the joint use of internal R&D and external innovation linkages. In static terms we find no evidence of complementarity, but in dynamic terms find evidence that strategy switches by individual plants towards a more ‘open’ strategy are accompanied by increased innovation outputs.

Keywords: Innovation strategies; Dynamic complementarities; Open innovation; Ireland (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (49)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:43:y:2014:i:10:p:1774-1784

DOI: 10.1016/j.respol.2014.05.005

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