skip to main content

In Search of Complementarity in Innovation Strategy: Internal R&D and External Knowledge Acquisition

Cassiman, Bruno ; Veugelers, Reinhilde

Management Science, Jan 2006, Vol.52(1), pp.68-82 [Peer Reviewed Journal]

Full text available

View all versions
Citations Cited by
  • Title:
    In Search of Complementarity in Innovation Strategy: Internal R&D and External Knowledge Acquisition
  • Author: Cassiman, Bruno ; Veugelers, Reinhilde
  • Subjects: Belgium ; Research & Development ; R&D ; Innovations ; Management Science ; Econometrics ; Regression Analysis ; Research & Development ; Product Planning & Development ; Management Science/Operations Research ; Experimental/Theoretical ; Western Europe
  • Is Part Of: Management Science, Jan 2006, Vol.52(1), pp.68-82
  • Description: Empirical research on complementarity between organizational design decisions has traditionally focused on the question of existence of complementarity. In this paper, we take a broader approach to the issue, combining a "productivity" and an "adoption" approach, while including a search for contextual variables in the firm's strategy that affects complementarity. Analysis of contextual variables is not only interesting per se, but also improves the productivity test for the existence of complementarity. We use our empirical methodology to analyze complementarity between innovation activities: internal research and development (R&D) and external knowledge acquisition. Our results suggest that internal R&D and external knowledge acquisition are complementary innovation activities, but that the degree of complementarity is sensitive to other elements of the firm's strategic environment. We identify reliance on basic R&D; the importance of universities and research centers as an information...
  • Language: English
  • Identifier: ISSN: 00251909 ; E-ISSN: 15265501

Searching Remote Databases, Please Wait