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R&D partnership portfolios and the inflow of technological knowledge

Hans T. W. Frankort, John Hagedoorn and Wilko Letterie ()

Industrial and Corporate Change, 2012, vol. 21, issue 2, 507-537

Abstract: This article links research on parallel search and joint R&D to contribute a portfolio perspective to the study of knowledge flows within interfirm R&D partnerships. In a longitudinal analysis of firms engaged in R&D partnerships relating to information technology between 1975 and 1999, we show that the size of a firm's R&D partnership portfolio and its share of novel partners both have an inverted U-shaped effect on the inflow of technological knowledge from the firm's R&D partners. We also show how these direct effects vary as a function of the level of technological uncertainty within the portfolio. Copyright 2012 The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

Date: 2012
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