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Formal and informal external linkages and firms' innovative strategies. A cross-country comparison

Isabel Maria Bodas Freitas, Tommy Clausen (), Roberto Fontana () and Bart Verspagen
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Tommy Clausen: UiO - University of Oslo, Nordland Research Institute - Nord University [Bodø]

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Abstract: Firms increasingly rely upon external actors for their innovation process. Interaction with these actors may occur formally (i.e. through a collaboration agreement) or informally (i.e. external actors acts as sources of information). We analyze the reasons why firms consider it to be important to develop formal and informal external linkages in the innovation process by looking at the role played by firms' innovative strategies and by taking into account the possibility that a complementarity or substitutive relationship might exist between formal and informal linkages. Data are from the Third Community Innovation Survey (CIS 3), where we have access to firm level micro-data from Sweden, Norway, the Netherlands and the UK.

Keywords: Multivariate Probit; Formal cooperation; External information sources; Innovation strategy (search for similar items in EconPapers)
Date: 2008
Note: View the original document on HAL open archive server: http://hal.grenoble-em.com/hal-01487470
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Published in Journal of Evolutionary Economics, Springer Verlag (Germany), 2008, 21 (1), pp. 91-119. ⟨10.1007/s00191-010-0188-y⟩

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Related works:
Journal Article: Formal and informal external linkages and firms’ innovative strategies. A cross-country comparison (2011) Downloads
Working Paper: Formal and informal external linkages and firms' innovative strategies: A cross-country comparison (2008) Downloads
Working Paper: Formal and informal external linkages and firms' innovative strategies. A cross-country comparison (2008) Downloads
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