6533b81ffe1ef96bd1277a19
RESEARCH PRODUCT
In-house versus external basic research and first-to-market innovations
Dolores Añón Higónsubject
business.industryStrategy and Managementmedia_common.quotation_subject05 social sciencesSample (statistics)Competitor analysisManagement Science and Operations ResearchOutsourcingProduct (business)Basic researchManagement of Technology and Innovation0502 economics and businessEconomicsManufacturing firmsFirst-mover advantage050207 economicsMarketingbusinessImitation050203 business & managementmedia_commondescription
This paper explores to what extent conducting internal basic research, as opposed to external basic research (i.e. outsourcing and collaboration with universities) encourages firms to bring new products into the market ahead of competitors, and contributes to innovation performance. The analysis is based on a sample of Spanish manufacturing firms over the period 2006–2012. Our findings suggest that conducting in-house basic research affects firm's propensity to introduce product novelties. Furthermore, performing this activity continuously affects the probability of being product-pioneer in low and medium–low tech sectors. Collaboration with universities also helps in introducing new products ahead of competitors, but contracting scientific research from universities does not lead to a pioneer strategy. Results also reveal the absence of complementarities.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-05-01 | Research Policy |