Abstract
This paper examines how innovation strategy influences firms' level of involvement with university-based research. Our results suggest that firms with internal R&D strategies more heavily weighted toward exploratory activities allocate a greater share of their R&D resources to exploratory university research and develop deeper multifaceted relationships with their university research partners. In addition, firms with more centralized internal R&D organizations spend a greater share of their R&D dollars on exploratory research conducted at universities. In contrast to other external partners, we find evidence suggesting that universities are preferred when the firm perceives potential conflicts over intellectual property.
Original language | English (US) |
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Pages (from-to) | 930-948 |
Number of pages | 19 |
Journal | Research Policy |
Volume | 36 |
Issue number | 7 |
DOIs | |
State | Published - Sep 2007 |
Externally published | Yes |
Keywords
- Organizational learning
- R&D strategic alliances
- University-industry technology transfer
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Management of Technology and Innovation