Title: Spillovers of innovation activities and their profitability
Authors: Czarnitzki, Dirk ×
Kraft, Kornelius #
Issue Date: 2012
Publisher: Oxford University Press
Series Title: Oxford Economic Papers vol:64 issue:2 pages:302-322
Abstract: Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company possibly benefits from incoming information on successful R&D conducted by other companies, a generally high probability of leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical study on the effects of outgoing and incoming spillovers on firms’ profitability. It turns out that the expected asymmetry is actually at work. In contrast to spillovers from competitors, spillovers from suppliers, customers, and research institutions exert no effect.
ISSN: 0030-7653
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

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