Complementarity Between Technology Make and Buy in Innovation Strategies
Title | Complementarity Between Technology Make and Buy in Innovation Strategies PDF eBook |
Author | Bruno Cassiman |
Publisher | |
Pages | 0 |
Release | 2014 |
Genre | |
ISBN |
This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the innovation strategy and important industry-, firm- and innovation-specific characteristics using Belgian data from the Eurostat Community Innovation Survey. In addition to important size effects explaining innovation, we find that high perceived risks and costs and low appropriability of innovations do not discourage innovation, but rather determine how the innovation sourcing strategy is chosen. With respect to the determinants of the decision of the innovative firm to produce technology itself (Make) or to source technology externally (Buy), we find that small firms are more likely to restrict their innovation strategy to an exclusive make or buy strategy, while large firms are more likely to combine both internal and external knowledge acquisition in their innovation strategy. An interesting result that highlights the complementary nature of the Make and Buy decisions is that, controlled for firm size, companies for which internal information is an important source for innovation are more likely to combine internal and external sources of technology. We find this to be evidence of the fact that in-house R&D generates the necessary absorptive capacity to profit from external knowledge acquisition. Also the effectiveness of different mechanisms to appropriate the benefits of innovations and the internal organizational resistance against change are important determinants of the firm's technology sourcing strategy.
Complementarity Between Technology Make and Buy in Innovation Strategies
Title | Complementarity Between Technology Make and Buy in Innovation Strategies PDF eBook |
Author | Bruno Cassiman |
Publisher | |
Pages | 13 |
Release | 1998 |
Genre | Manufacturing industries |
ISBN |
Complementary Between Technology Market and Buy in Innovation Strategies : Evidence from Belgian Manufacturing Firms
Title | Complementary Between Technology Market and Buy in Innovation Strategies : Evidence from Belgian Manufacturing Firms PDF eBook |
Author | Bruno Cassiman |
Publisher | |
Pages | 0 |
Release | 1998 |
Genre | |
ISBN |
Complementarity in the Innovation Strategy
Title | Complementarity in the Innovation Strategy PDF eBook |
Author | Bruno Cassiman |
Publisher | |
Pages | 48 |
Release | 2002 |
Genre | Cooperative industrial research |
ISBN |
Determinants and Management of Make-and-Buy
Title | Determinants and Management of Make-and-Buy PDF eBook |
Author | Anna Krzeminska |
Publisher | Springer Science & Business Media |
Pages | 241 |
Release | 2008-11-26 |
Genre | Business & Economics |
ISBN | 3834999245 |
Anna Krzeminska develops an extension to the TCE framework which spotlights uncertainty as a main explanatory variable. This approach not only enables an explanation of determinants, management mechanisms, and performance implications of different make-and-buy types but also contributes to a better understanding of the categorization of economic institutions.
Navigating Innovation
Title | Navigating Innovation PDF eBook |
Author | Benoit Gailly |
Publisher | Springer |
Pages | 251 |
Release | 2018-05-17 |
Genre | Business & Economics |
ISBN | 3319771914 |
Every firm must maintain an entrepreneurial ecosystem and a coherent innovation strategy in order to stay ahead of the competition. For managers this means being able to build a vision of what innovation looks like in the context of their organization, fostering entrepreneurial behaviour, spotting opportunities and making the right decisions. Based on years of practical experience and unique insight, this handy guide identifies fundamental challenges and is rooted in concrete examples. Accompanied by a brand new app for iPhone and Android as well as a companion website (www.NavigatingInnovation.org), this is an easy dip in, dip out guide with a focus on successful execution. Navigating Innovation is a one-stop-shop, giving you a deeper understanding of the core concepts and tools to capture the right opportunities for your business.
Innovative Networks Co-operation in National Innovation Systems
Title | Innovative Networks Co-operation in National Innovation Systems PDF eBook |
Author | OECD |
Publisher | OECD Publishing |
Pages | 334 |
Release | 2001-09-24 |
Genre | |
ISBN | 9264195661 |
This book analyses the role of networks in innovation and technology diffusion. It reviews policy initiatives to promote efficient networking in selected OECD countries, and draws the main implications for public policy.