2010
DOI: 10.1111/j.1467-9310.2010.00592.x
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Specialized search and innovation performance – evidence across Europe

Abstract: Searching for external knowledge has frequently been characterized as crucial for firm success. However, little is known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms need to specialize their search strategy and that its effectiveness is moderated by research and development (R&D) investments and potential knowledge spillovers from a firm's environment. Based on a sample of >5,000 firms from five European countries, our results show that bein… Show more

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Cited by 192 publications
(122 citation statements)
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References 73 publications
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“…Consistent with CISbased studies (e.g., Salter, 2006, Sofka andGrimpe, 2010), we distinguish between incremental and radical innovation depending on their newness to the company or the market place. Radical innovation from innovations new to the market in the last 2 years.…”
Section: Dependent Variablesupporting
confidence: 48%
“…Consistent with CISbased studies (e.g., Salter, 2006, Sofka andGrimpe, 2010), we distinguish between incremental and radical innovation depending on their newness to the company or the market place. Radical innovation from innovations new to the market in the last 2 years.…”
Section: Dependent Variablesupporting
confidence: 48%
“…Therefore, in line with other studies (Laursen and Salter, 2006;Sofka and Grimpe, 2010;Huang and Rice, 2012;Berchicci, 2013) we argue that firms need to have the correct amount of absorptive capacity in order to reap returns for their OI strategy.…”
Section: Absorptive Capacitymentioning
confidence: 64%
“…External sources of innovation such as customers, suppliers, competitors and universities can be considered the main elements of a firm's search strategy. Previous studies have recognised the strategic importance of a wide range of knowledge sources for driving innovation (Laursen and Salter, 2006;Sofka and Grimpe, 2010), and for achieving not only product but also process innovations (Huang and Rice, 2012). In their paper focused on SMEs, Lee et al (2010) find that breadth is more closely linked to product innovation than depth, and while breadth correlates positively with process innovation, depth does not.…”
Section: External Sources Of Knowledgementioning
confidence: 89%
See 1 more Smart Citation
“…(Sofka & Grimpe, 2010). To take full advantage of the OI paradigm, firms must enhance their networking capabilities and their absorptive capacity, i.e.…”
Section: Table 1 About Herementioning
confidence: 99%