Add to ORKGEmpirical evidence strongly suggests that R&D increases a firm's "absorptive capacity" (its ability to absorb spillovers from other firms) as well as contributing directly to profitability. We explore the theoretical implications of this. We specify a general model of the absorptive capacity process and show that costly absorption both raises the effectiveness of own R&D and lowers the effective spillover coefficient. This weakens the case for encouraging research joint ventures, even if there is complete information sharing between members. It also implies an additional strategic pay-off to policies that raise the level of extra-industry knowledge
Cohen and Levinthal (1989) introduced the notion of absorptive capacity and demonstrated that knowle...
Cohen and Levinthal (1989) introduced the notion of absorptive capacity and demonstrated that knowle...
Absorptive capacity is one of the most influential concepts in the management and innovation literat...
Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability ...
Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability ...
In this paper, we analyse how R&D investment decisions are affected by R&D spillovers between firms,...
I investigate how the introduction of the absorptive-capacity hypothesis changes the results of stra...
``Absorptive capacity" a firm's ability to assimilate information acquired from other firms can depe...
Cohen and Levinthal (1989) introduced the notion of absorptive capacity and demonstrated that knowle...
Cohen and Levinthal (1989) introduced the notion of absorptive capacity and demonstrated that knowle...
Absorptive capacity is one of the most influential concepts in the management and innovation literat...
Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability ...
Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm's “absorptive capacity” (its ability ...
Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability ...
In this paper, we analyse how R&D investment decisions are affected by R&D spillovers between firms,...
I investigate how the introduction of the absorptive-capacity hypothesis changes the results of stra...
``Absorptive capacity" a firm's ability to assimilate information acquired from other firms can depe...
Cohen and Levinthal (1989) introduced the notion of absorptive capacity and demonstrated that knowle...
Cohen and Levinthal (1989) introduced the notion of absorptive capacity and demonstrated that knowle...
Absorptive capacity is one of the most influential concepts in the management and innovation literat...