Fishing upstream: Firm innovation strategy and university research alliances

Janet E.L. Bercovitz, Maryann P. Feldman

Research output: Contribution to journalArticlepeer-review

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 languageEnglish (US)
Pages (from-to)930-948
Number of pages19
JournalResearch Policy
Volume36
Issue number7
DOIs
StatePublished - Sep 2007

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

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