Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 1999 erstellt
Beschreibung:
This paper examines empirically the theoretical relationship between external knowledge and innovation success. Special emphasis is posed on the effects that arise from various types of spillovers and how these effects are influenced by firm-specific absorptive capacities. The results of the micro-econometric analysis based on German firm data on innovation suggest that firms can effectively use external R&D within their own innovation process, as long as they have access to the relevant knowledge flows and as long as they have built up sufficient absorptive capacities. Furthermore, the results stress the complementarity between own and foreign R&D. In contrast, lack of access to inter-industrial and international knowledge flows may result from informational barriers and ineffective inter-firm linkages