NDLI: How to capture value from linking to basic research : boundary crossing inventors and partnerships �

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How to capture value from linking to basic research : boundary crossing inventors and partnerships �

Content Provider	Semantic Scholar
Author	Cassiman, Bruno
Copyright Year	2011
Abstract	The paper studies combinations of mechanisms through which firms connect to basic research, and how they affect various dimensions of firm's innovative performance: quality, cumulativeness and speed. We examine the case of IMEC, a world leading research institute in the area of nano-technology, with a mission to bridge the gap between fundamental research at universities and R&D in the industry. We investigate the impact for firms of joining a partnership program with IMEC as well as the use of inventors who have “visited “ IMEC. We find strong evidence that linking to IMEC has provided partner firms with more valuable technology outcomes that are appropriated better by these partner firms. Boundary crossing inventors increase the chance of developing high quality technologies. The data strongly suggest complementarity between institutional and inventor links particularly for better internal appropriation. Poaching firms without an organizational link to IMEC are less successful in using such boundary crossing inventors. ♣ The authors wish to thank Ajay Agrawal, Dirk Czarnitzki, Lee Fleming, Alfonso Gambardella, Rahul Kapoor, Lori Rosenkopf, Bruno Van Pottelsberghe, Rosemarie and Arvids Ziedonis and the seminar participants at HBS, Wharton, Michigan, Toronto, the MOVE, Alma Graduate School Bologna, ZEW, EARIE, EPIP and REER conferences for useful comments; Andre Clerix, Johan Van Helleputte and IMEC for the collaboration and data. Bruno Cassiman is a research fellow of the SP-SP Research Center at IESE Business School and acknowledges partial financial support from the Spanish Ministry of Science and Innovation through project no ECO2009-13169, the Catalan Government Grant no 2009SGR919 and Fundación Ramon Areces. Sam Arts acknowledges financial support of the Science Foundation Flanders (FWO) and OT/07/11.
File Format	PDF HTM / HTML
Alternate Webpage(s)	http://www.lem.sssup.it/WPLem/documents/veugelers_lemseminar11.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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