Zobel, Lokshin, Hagedoorn (2017) Flashcards

1
Q

Open innovation

A

don’t innovate on your own. Collaborate with other actors like suppliers and customers to get inputs for innovation and innovation process

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2
Q

Key message

A

In sum, this study suggests that the role of search breadth and depth differs between radical and incremental innovators. This differentiation of firms in terms of both the breadth and depth of their search openness as well as their role as incremental or radical innovators, enables a new and more fine-grained analysis of the degree to which firms use formal and informal appropriation mechanisms. Interestingly the strategic innovative choices — in terms of external search openness and degree of innovativeness — are more relevant for determining firms’ use of formal and informal appropriation than external factors — such as industry affiliation — or more general firm characteristics, such as size, level of R & D engagement, and group affiliation.

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3
Q

Findings

A
  1. Search breadth and depth (+) -> use of informal appropriation measures
  2. Search breadth (+) -> use of formal appropriation measures
  3. Firms degree of radical (incre) innovation orientation (+/-) -> use of formal appropriation measures
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