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| Author: | Cassiman, B. Veugelers, R. |
| Title: | R&D Cooperation and Spillovers: Some Empirical Evidence from Belgium |
| Journal: | American Economic Review
2002 : SEP, VOL. 92:4, p. 1169-1184 |
| Index terms: | INNOVATION R&D EMPIRICAL RESEARCH BELGIUM |
| Language: | eng |
| Abstract: | Successful innovation depends on the development and integration of new knowledge in the innovation process. Part of this knowledge will reach the firm from external sources. The authors find that there is a significant relation between external information flows and the decision to cooperate in R&D. Firms that rate generally available external information sources as more important inputs to their innovation process (the incoming spillovers) are more likely to be actively engaged in cooperative R&D agreements. At the same time, firms that are more effective in appropriating the results from their innovation process are also more likely to cooperate in R&D. |
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