R&D Returns Causality: Absorptive Capacity or Organizational IQ

Published: Jul 20, 2009
Abstract
Absorptive capacity is the principle that assimilating new knowledge requires prior knowledge. The attendant prescription is to invest more in R&D to derive greater benefit from the R&D of others (spillovers). Empirical tests of R&D productivity typically find absorptive capacity (R&D* rival R&D) to be significant. This result poses a puzzle however: What can a firm conducting 50% of industry R&D learn from a set of firms each conducting 5%?...
Paper Details
Title
R&D Returns Causality: Absorptive Capacity or Organizational IQ
Published Date
Jul 20, 2009
Citation AnalysisPro
  • Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
  • Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.