Do firms benefit from complementarity effect in R&D and what drives their R&D strategy choices?

Arbeitspapier

This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations and industries. Complementary effects are found in the indirect but not so in the direct approach. In contrast to previous literature, we find the distinct R&D strategy choices to be significant drivers of innovative activity and we identify contextual variables explaining the joint occurrence of the two strategies.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Jena Economic Research Papers ; No. 2014-023

Classification and Topics

• Classification: Wirtschaft ; Industrialization; Manufacturing and Service Industries; Choice of Technology ; Innovation and Invention: Processes and Incentives ; Management of Technological Innovation and R&D ; Technological Change: Choices and Consequences; Diffusion Processes
• Subject: complementarity ; equipment with embodied technology ; innovation ; internal R&D ; Pavitt´s sectoral taxonomy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Cantner, Uwe ; Savin, Ivan
• Event: Veröffentlichung
• (who): Friedrich Schiller University Jena and Max Planck Institute of Economics
• (where): Jena
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/104566
• Last update: 10.03.2025, 11:44 AM CET