R&D outsourcing and intellectual property infringement
Philipp Buss and
Christian Peukert ()
Research Policy, 2015, vol. 44, issue 4, 977-989
Abstract:
We empirically address value appropriation hazards when firms enter into external relationships in search for innovation. Using firm-level data from Germany we document a positive link between R&D outsourcing and intellectual property infringement. In line with theory we show that this effect varies with the market value of knowledge, and the allocation of property rights. We discuss how outsourcing induced spillovers may foster technology diffusion, affecting industry evolution and market structure.
Keywords: R&D outsourcing; Knowledge spillovers; CIS; MIP (search for similar items in EconPapers)
JEL-codes: D23 L24 O31 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (22)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:44:y:2015:i:4:p:977-989
DOI: 10.1016/j.respol.2014.11.006
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