Economics at your fingertips  

Radical Innovations: The Role of Knowledge Acquisition from Abroad

Damián Tojeiro-Rivero (), Rosina Moreno () and Erika Badillo Enciso ()
Additional contact information
Damián Tojeiro-Rivero: University of Barcelona

Review of Industrial Organization, 2019, vol. 55, issue 2, 173-207

Abstract: 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.

Keywords: Panel data; R&D offshoring; Spanish firms; Sample selection; Technological and organizational space (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.springer. ... on/journal/11151/PS2

DOI: 10.1007/s11151-018-9659-3

Access Statistics for this article

Review of Industrial Organization is currently edited by L.J. White

More articles in Review of Industrial Organization from Springer, The Industrial Organization Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2020-03-29
Handle: RePEc:kap:revind:v:55:y:2019:i:2:d:10.1007_s11151-018-9659-3