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Dynamic complementarities in innovation strategies

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Love, James H., Roper, Stephen and Vahter, Priit (2014) Dynamic complementarities in innovation strategies. Research Policy, 43 (10). pp. 1774-1784. doi:10.1016/j.respol.2014.05.005

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Official URL: http://dx.doi.org/10.1016/j.respol.2014.05.005

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Abstract

Using a panel of Irish manufacturing plants over the period 1991–2008 we test for dynamic complementarities in the joint use of internal R&D and external knowledge sources. We find little evidence, either from considering successive cross-sectional waves of comparable surveys, or in terms of the strategy switch choices of specific plants, that there has been a systematic move towards the joint use of internal and external knowledge in innovation. We then test formally for the presence of complementarities in the joint use of internal R&D and external innovation linkages. In static terms we find no evidence of complementarity, but in dynamic terms find evidence that strategy switches by individual plants towards a more ‘open’ strategy are accompanied by increased innovation outputs.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
T Technology > TS Manufactures
Divisions: Faculty of Science, Engineering and Medicine > Science > Life Sciences (2010- )
Faculty of Social Sciences > Warwick Business School > Strategy & International Business
Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH): Technological innovations -- Economic aspects -- Ireland, Research, Industrial -- Ireland, Diffusion of innovations -- Ireland
Journal or Publication Title: Research Policy
Publisher: Elsevier BV
ISSN: 0048-7333
Official Date: December 2014
Dates:
DateEvent
December 2014Published
10 June 2014Available
25 April 2014Accepted
17 December 2012Submitted
Volume: 43
Number: 10
Page Range: pp. 1774-1784
DOI: 10.1016/j.respol.2014.05.005
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Open Access
Funder: Economic and Social Research Council (Great Britain) (ESRC), Estonia. Haridus- ja Teadusministeerium [The Ministry of Education and Science]
Grant number: RES-062-23-2767 (ESRC), IUT 20-49 (Estonia)

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