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Discusses the notion that the ability to exploit external knowledge is crucial to a firm's innovative capabilities. In addition, it is argued that the ability to evaluate and use outside knowledge isExpand
Innovation and Learning: The Two Faces of R&D
The authors assume that firms invest in R&D not only to generate innovations, but also to learn from competitors and extraindustry knowledge sources (e.g., university and government labs). ThisExpand
Empirical studies of innovation and market structure
Publisher Summary This chapter discusses the perceptible movement of empirical scholars from a narrow concern with the role of firm size and market concentration toward a broader consideration of theExpand
A Reprise of Size and R & D
Numerous studies have shown that, within industries, the propensity to perform R&D and the amount of R&D conducted by performers are closely related to the size of the firm, while R&D productivityExpand
Fifty Years of Empirical Studies of Innovative Activity and Performance
This chapter reviews the empirical literature on the determination of firms’ and industries’ innovative activity and performance, highlighting the questions addressed, the approaches adopted,Expand
Firm Size and the Nature of Innovation within Industries: The Case of Process and Product R&D
The effect of firm size on the allocation of R&D effort between process and product innovation is examined. It is hypothesized that, relative to product innovations, process innovations are lessExpand
R&D spillovers, patents and the incentives to innovate in Japan and the United States
National surveys of R&D labs across the manufacturing sectors in the US and Japan show that intraindustry R&D knowledge flows and spillovers are greater in Japan than in the US and theExpand
Special Issue on University Entrepreneurship and Technology Transfer: Links and Impacts: The Influence of Public Research on Industrial R&D
In this paper, we use data from the Carnegie Mellon Survey on industrial R&D to evaluate for the U.S. manufacturing sector the influence of ?public?(i.e., university and government) research on industrial innovation. Expand
R&D Appropriability, Opportunity, and Market Structure: New Evidence on Some Schumpeterian Hypotheses
One of the largest bodies of literature in the field of industrial organization is devoted to the interpretation and testing of several hypotheses advanced by Joseph Schumpeter (1950) concerningExpand
Fortune favors the prepared firm
A critical factor in industrial competitiveness is the ability of firms to exploit new technological developments. We term this ability a firm's absorptive capacity and argue that such a capabilityExpand