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Digital disruption of optimal co-innovation configurations

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  • Lafuente, Esteban
  • Vaillant, Yancy
  • Rabetino, Rodrigo

Abstract

We evaluate the co-innovation trajectory of firms adopting different collaborative innovation networks (i.e., vertical, horizontal, and institutional). The results of the empirical applications are obtained from a multilevel regression, and a Nash bargaining model estimated via data envelopment analysis on a sample of 734 enterprises from seven OECD countries form Europe and Latin America. Findings point to important national and firm-level distinctions across the optimal co-innovation configurations: whereas vertical co-innovation strategies are characteristic of firms with the highest innovation efficiency, institutions are frequently found to be optimal for co-innovation success in less developed innovation systems that may be faced with structural deficiencies. However, digital competency is found to disrupt co-innovation configurations for successful innovation, facilitating the development of efficient vertical and horizontal co-innovation trajectories.

Suggested Citation

  • Lafuente, Esteban & Vaillant, Yancy & Rabetino, Rodrigo, 2023. "Digital disruption of optimal co-innovation configurations," Technovation, Elsevier, vol. 125(C).
    • Handle: RePEc:eee:techno:v:125:y:2023:i:c:s0166497223000834
    DOI: 10.1016/j.technovation.2023.102772
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    More about this item

    Keywords

    Co-innovation; Nash bargaining model; Business networks; Ecosystems; Digital technologies; Configurations; Data envelopment analysis; Multilevel; International;
    All these keywords.

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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