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Dynamic complementarities in innovation strategies

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  • Love, James H.
  • Roper, Stephen
  • Vahter, Priit

Abstract

Using a panel of Irish manufacturing plants over the period 1991–2008 we test for dynamic complementarities in the joint use of internal R&D and external knowledge sources. We find little evidence, either from considering successive cross-sectional waves of comparable surveys, or in terms of the strategy switch choices of specific plants, that there has been a systematic move towards the joint use of internal and external knowledge in innovation. We then test formally for the presence of complementarities in the joint use of internal R&D and external innovation linkages. In static terms we find no evidence of complementarity, but in dynamic terms find evidence that strategy switches by individual plants towards a more ‘open’ strategy are accompanied by increased innovation outputs.

Suggested Citation

  • Love, James H. & Roper, Stephen & Vahter, Priit, 2014. "Dynamic complementarities in innovation strategies," Research Policy, Elsevier, vol. 43(10), pages 1774-1784.
    • Handle: RePEc:eee:respol:v:43:y:2014:i:10:p:1774-1784
    DOI: 10.1016/j.respol.2014.05.005
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    References listed on IDEAS

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