Title:
The effects of knowledge sourcing strategies on science-based firms' innovative performance: Evidence from the Spanish manufacturing industry
The effects of knowledge sourcing strategies on science-based firms' innovative performance: Evidence from the Spanish manufacturing industry
Authors
Jurado, Jaider Vega
Lucio, Ignacio Fernández
Gutiérrez-Gracia, Antonio
Lucio, Ignacio Fernández
Gutiérrez-Gracia, Antonio
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Abstract
This paper provides empirical evidence on the effect of the external knowledge sourcing
strategies adopted by firms, on the development of both product and process innovation,
and assesses to what extent this effect is influenced by the firm's internal technological
capabilities. Our empirical investigation is based on a sample of more than 600 science-based
firms active in innovation activities taken from the Spanish Innovation Survey 2004. We find that the effects of the knowledge sourcing strategies differ significantly
across innovation types (product or process innovation). In addition, our results suggest
that there are possible substitution effects between external sourcing strategies and
internal R&D. Thus, the greater the firm's internal technological capability, the less
important is the cooperation with scientific agents in determining product innovation.
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2008-09
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