18. Leiponen, A. (2002). Why do firms not collaborate The role of competencies and technological regimes.pdf Flashcards

(2 cards)

1
Q

What are the three main ways firms organize R&D activities?

A

R&D internally,

collaborate with external partners

outsource R&D to other organizations.

Example: A company may develop new products in-house, partner with a university, or hire a research lab.

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2
Q

What is absorptive capacity in the context of innovation?

A

Absorptive capacity is a firm’s ability to recognize, assimilate, and apply external knowledge.

Example: A tech firm with skilled engineers can better integrate new ideas from a research partner.

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