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dc.creatorVega Jurado, Jaider Manuel
dc.creatorKask, Sean
dc.creatorManjarrés-Henriquez, Liney
dc.date2017-10-26
dc.identifierhttps://www.jotmi.org/index.php/GT/article/view/2300
dc.identifier10.4067/S0718-27242017000300001
dc.descriptionThe role of universities in product innovation has received considerable attention over the past decade. However, little is known about how the type of formal university-firm interaction predicts innovative performance and the degree of novelty of new products. This research differentiates two forms of firm high-relational interaction with universities: R&D contracting and cooperation. We exploit the panel structure of a dataset of 5,858 Spanish manufacturing firms with fixed-effects models. The empirical analysis finds that, although both contracting and cooperation predict product innovative performance, the two activities differ in the degree of novelty of new product outcomes. The implications are that the codified nature and asymmetric scope of R&D contracting is more suitable for exploitative innovation, resulting in product innovation that is incremental in nature. On the other hand, the possibility to exchange and create tacit knowledge and the explorative nature of R&D cooperation provide firms with the opportunity to better access the broad knowledge base of universities, leading to product innovations with a higher degree of noveltyen-US
dc.formatapplication/pdf
dc.languageeng
dc.publisherFacultad de Economía y Negocios, Universidad Alberto Hurtadoen-US
dc.relationhttps://www.jotmi.org/index.php/GT/article/view/2300/1080
dc.rightsCopyright (c) 2017 Journal of Technology Management & Innovationen-US
dc.rightshttps://creativecommons.org/licenses/by-sa/4.0en-US
dc.sourceJournal of Technology Management & Innovation; Vol. 12 No. 3 (2017); 1-8en-US
dc.sourceJournal of Technology Management & Innovation; Vol. 12 Núm. 3 (2017); 1-8es-ES
dc.source0718-2724
dc.subjectR&D cooperationen-US
dc.subjectR&D contractingen-US
dc.subjectinnovationen-US
dc.subjectuniversitiesen-US
dc.subjectproduct noveltyen-US
dc.titleUniversity industry links and product innovation: cooperate or contract?en-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typeArtículo revisado por paresen-US


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