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Title: Radical Innovations: The Role of Knowledge Acquisition from Abroad
Author: Tojeiro Rivero, Damián
Moreno Serrano, Rosina
Badillo Enciso, Erika Raquel
Keywords: Anàlisi de dades de panel
Recerca industrial
Deslocalització industrial
Contractació externa
Panel analysis
Industrial research
Business relocation
Contracting out
Issue Date: Sep-2019
Publisher: Springer Verlag
Abstract: This paper explores R&D offshoring's role in radical product innovations. These innovations are important for companies' growth strategies, and we check the extent to which companies rely on external sources, which may bring knowledge that differs significantly from that already present internally. The evidence for Spanish firms between 2004 and 2013 shows that R&D offshoring influences significantly the intensity of radical but not of incremental innovations. This influence is apparently smaller when external knowledge comes from universities or research institutions rather than from the business sector. The recent financial crisis also exerted a detrimental effect on this influence, as compared with the previous period of economic growth.
Note: Versió postprint del document publicat a:
It is part of: Review of Industrial Organization, 2019, vol. 55, num. 2, p. 173-207
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ISSN: 0889-938X
Appears in Collections:Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

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