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Voluntary technological disclosure as an efficient knowledge management device: An empirical study

Stéphane Lhuillery (stephane.lhuillery@epfl.ch)
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Stéphane Lhuillery: Chaire en Economie et Management de l'Innovation, Ecole Polytechnique Fédérale de Lausanne

CEMI Working Papers from Ecole Polytechnique Fédérale de Lausanne, Collège du Management de la Technologie, Management of Technology and Entrepreneurship Institute, Chaire en Economie et Management de l'Innovation

Abstract: This paper investigates three questions related to endogenous information and knowledge disclosure by firms: Which industry sectors are more apt to disclose information and knowledge? Why is such knowledge released? Is knowledge disclosure an efficient strategy? An empirical analysis on four French data sets that focus on appropriation, the practices of innovation, and the related payoffs suggests answers to these questions. A firm with high R&D intensity, from a high-tech sector, participating in R&D partnerships is found to be more likely to engage in disclosure. Firms in the sample were found to "leak" their knowledge to public laboratories to a greater degree than to other private sector firms. Leakage also was found to be associated with improved innovation performance. This research helps broaden the literature on knowledge management practices to include not only the pursuit of formal intellectual property rights such as patents but less formal inter-organizational knowledge transmission mechanisms.

Keywords: innovation; endogenous spillovers; cooperation; appropriation (search for similar items in EconPapers)
JEL-codes: C81 L21 O32 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2005-05
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Published in Economics of Innovation and New Technology, Special issue on "Empirical studies of innovation in the knowledge driven economy”, Guest editors: B.H.Hall and J.Mairesse, vol.15, n°4/5, p.465-491, 2006

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