Complementarity effect in the innovation strategy: internal R&amp;D and acquisition of capital with embodied technology

Wang, Nan; Xiao, Mengli; Savin, Ivan

doi:10.1007/s10961-020-09780-y

Cited by 36 publications

(21 citation statements)

References 26 publications

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“…Incluso, cierta literatura analiza los beneficios derivados de aplicar una estrategia mixta de innovación. En esta línea, Wang et al (2021) estudian la complementariedad entre la innovación en I+D interna y un tipo específico de innovación exógena (adquisición de capital con tecnología incorporada), en dos grupos de industrias alemanas: intensivas en escala y basadas en ciencia. Encuentran que la combinación de estrategias de innovación genera una ventaja significativa en la innovación de productos y procesos, frente a la estrategia de aplicar un solo tipo de innovación.…”

Section: Marco Teórico E Hipótesis De Trabajounclassified

Esfuerzos De Innovación Endógenos Y Exógenos, Innovación Y Productividad en Las Empresas Privadas Del Ecuador

Sarmiento

Cabrera²,

Aguilar³

et al. 2022

GCG

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El objetivo de este trabajo es determinar si existen diferencias significativas en los resultados de la inversión en innovación -específicamente en la probabilidad de innovar en productos y/o procesos y en la productividad laboral-cuando se distingue entre esfuerzos de innovación endógenos y exógenos. Se utilizaron datos de la encuesta de innovación 2012-2014 del Ecuador y se aplicó la metodología propuesta por Crépon, Duguet y Mairesse. La evidencia sugiere que la innovación endógena tiene un impacto sobre la probabilidad de introducir innovación en productos y/o procesos que es del orden del doble que la exógena, mostrando además un mayor impacto sobre la productividad laboral.

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Section: Marco Teórico E Hipótesis De Trabajounclassified

Esfuerzos De Innovación Endógenos Y Exógenos, Innovación Y Productividad en Las Empresas Privadas Del Ecuador

Sarmiento

Cabrera²,

Aguilar³

et al. 2022

GCG

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“…However, the advantages brought about by external acquisition of technology (Medda, 2020), such as speeding up technology commercialization and improving business performance (Añ on Hig on et al, 2018) have gained importance among firms (García-Vega & Huergo, 2019). Wang et al (2021) propose that internal expenditures in R&D can create a competitive advantage for a firm (Cassiman & Veugelers, 2006), but innovative firms also require technology or knowledge from external sources when developing their innovations.…”

Section: Randd Expenditure Policiesmentioning

confidence: 99%

“…The problem about this approach is whether firms performing simultaneously internal and external R&D expenditures achieve higher innovation performance than firms exploiting only one of the knowledge sources has received considerable attention in the literature on innovation (Wang et al, 2021), this is if firms can cope with ambidexterity in R&D sourcing.…”

Section: Randd Expenditure Policiesmentioning

confidence: 99%

The effect of innovation efficiency management on performance: Differences according to organizational size

et al. 2022

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The efficiency associated with innovation has been a frequently considered element in the literature. However, the conceptualization of this efficiency and its management is an underexplored factor. We study the way in which the different elements that conform to this efficiency are managed over time. From a dynamic efficiency analysis using data envelope analysis (DEA) and the Malmquist productivity index, we evaluate changes in efficiency and if there are differences according to firm size.Our results confirm the relevance of size in the way that firms manage their innovation efficiency and how small firms differ from larger ones in terms of efficiency management.

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“…The sources of technology innovation in high-tech industries include both internal and external aspects [ 5 ]. Internal technology sources include independent research and development (RD) and technological renovation (TR) [ 6 , 7 ], while external technology sources include foreign technology acquisition (FTA) and domestic technology purchase (DTP) [ 8 , 9 ]. The ecological relationships of technology innovation among RD, TR, FT, and DT not only affect the efficiency of technology innovation output of high-tech industries, but also have a great impact on the innovation ability, transformation, and upgrading of high-tech industries.…”

Section: Introductionmentioning

confidence: 99%

Analyzing the ecological relations of technology innovation of the Chinese high-tech industry based on the Lotka-Volterra model

Xia

Lin

et al. 2022

PLoS ONE

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Technology innovation has become an important driving force of economic and social development and has received wide attention from academics. Most scholars mainly take technology innovation as an overall variable to explore its impact on the economy and society. The main contribution of this study is to open the black box of technology innovation and introduce the lotka-Volterra model to explore the internal structure of technology innovation in the Chinese high-tech industry and to analyze the ecological relationships, evolutionary trends, equilibrium states of six technology innovation species including independent innovation (II), technology import (TI), research & development (RD), technology renovation (TR), foreign technology acquisition (FTA), and domestic technology purchase (DTP). The results of the study show that, First, the ecological relationship between prey and predator is observed between RD and TR, DTP and FTA, and II and TI. Second, no equilibrium state is observed between TD and TF and II and TI. Third, an unstable equilibrium state is observed between RD and TR.

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Complementarity effect in the innovation strategy: internal R&D and acquisition of capital with embodied technology

Cited by 36 publications

References 26 publications

Esfuerzos De Innovación Endógenos Y Exógenos, Innovación Y Productividad en Las Empresas Privadas Del Ecuador

Esfuerzos De Innovación Endógenos Y Exógenos, Innovación Y Productividad en Las Empresas Privadas Del Ecuador

The effect of innovation efficiency management on performance: Differences according to organizational size

Analyzing the ecological relations of technology innovation of the Chinese high-tech industry based on the Lotka-Volterra model

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