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Towards an open R&D system: Internal R&D investment, external knowledge acquisition and innovative performance

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  • Berchicci, Luca

Abstract

To cope with fast-changing business environments, firms are increasingly opening up their organizational boundaries to tap into external source of knowledge. By restructuring their R&D system, firms face the challenge of balancing internal and external R&D activities to profit from external knowledge. This paper examines the influence of R&D configuration on innovative performance and the moderating role of a firm's R&D capacity.

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  • Berchicci, Luca, 2013. "Towards an open R&D system: Internal R&D investment, external knowledge acquisition and innovative performance," Research Policy, Elsevier, vol. 42(1), pages 117-127.
    • Handle: RePEc:eee:respol:v:42:y:2013:i:1:p:117-127
    DOI: 10.1016/j.respol.2012.04.017
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