How to capture value from linking to basic research: boundary crossing inventors and partnerships
The paper studies combinations of mechanisms through which firms connect to basic research, and how they affect various dimensions of firms innovative performance: quality, cumulativeness and speed. We examine the case of IMEC, a world leading research institute in the area of nano-technology, with a mission to bridge the gap between fundamental research at universities and R&D in the industry. We investigate the impact for firms of joining a partnership program with IMEC as well as the use of inventors who have “visited “ IMEC. We find strong evidence that linking to IMEC has provided partner firms with more valuable technology outcomes that are appropriated better by these partner firms. Boundary crossing inventors increase the chance of developing high quality technologies. The data strongly suggest complementarity between institutional and inventor links particularly for better internal appropriation. Poaching firms without an organizational link to IMEC are less successful in using such boundary crossing inventors.
Bruno Cassiman Reinhilde Veugelers Sam Arts
IESE Business School, K.U.Leuven and CEPR K.U.Leuven, Bruegel and CEPR K.U.Leuven and FWO
国际会议
北京
英文
1-48
2011-07-01（万方平台首次上网日期，不代表论文的发表时间）