R&D competition, absorptive capacity, and market shares

Abstract

cost-reducing R&D, stock of technological knowledge, extra-industry R&D, dynamic noncooperative feedback game, O31,

Managerial ties, absorptive capacity, and innovation

“…Searching the literature for answers, we find that although many studies show a positive interactive effect of absorptive capacity and social networks on corporation performance (e.g., Lee et al, 2001;Tsai, 2001), others point out that absorptive capacity and managerial ties can influence corporate performance in a different way (Campisi, Mancuso & Nastasi, 2001;Peng & Zhou, 2005). One reason is that a corporation's R&D expenditure will benefit its partner's stocks of technological knowledge, thus generating a negative impact on its own innovation.…”

The Return of the Prince of Denmark: A Survey on Recent Developments in the Economics of Innovation

“…Another result is that absorptive capacity also increases the critical rate of spillover above which a cooperative R&D is higher than the non‐cooperative one. Along these lines, Campisi et al . (2001) find that variations in spillovers hardly influence the firms R&D investment, if their absorptive capacity depends on their R&D efforts.…”

International R&D Rivalry with Spillovers and Tariff Policies

“…4 Following the traditional models such as those of d'Aspremont and Jacquemin (1988) and Kamien et al (1992), we assume that absorptive capacity is independent of one's own R&D efforts. Therefore, firm i can benefit from the R&D efforts of firm j even if it does not itself invest in R&D. For theoretical models that include the effects of absorptive capacity, see Cohen and Levinthal (1989), Kamien and Zang (2000), Campisi et al (2001), Kaiser (2002b), Martin (2002), and Grűnfeld (2003).…”