International and domestic R&D coopetition: the influence of information redundancy on innovation performance
Articles
Overview
published in
- Industry and Innovation Journal
publication date
- November 2024
start page
- 1324
end page
- 1349
issue
- 10
volume
- 31
Digital Object Identifier (DOI)
full text
International Standard Serial Number (ISSN)
- 1366-2716
Electronic International Standard Serial Number (EISSN)
- 1469-8390
abstract
- We delve into the heterogeneity of R&D coopetition to understand when this complex relationship contributes to innovation. To do this, we examine two dimensions: (i) geographic location of the competitor - in the home-country or abroad; and (ii) prior knowledge acquired from competitors that leads to the theoretical concept of 'information redundancy.' We analyse how these dimensions result in innovations with different levels of novelty (new-to-the-market and new-to-the-firm). Using a large panel data of firms (2004-2016), we find that international R&D coopetition exerts a higher positive effect on new-to-the-market innovations than does domestic R&D coopetition. In contrast, the positive impact of domestic R&D coopetition is higher on new-to-the-firm innovations. For its part, prior knowledge from competitors weakens the relations between R&D coopetition and innovation performance, thus revealing the importance of information redundancy in bettering our understanding of the innovation results of R&D coopetition.
Classification
subjects
- Aeronautics
- Economics
- Mechanical Engineering
keywords
- coopetition; geographic location; prior knowledge from competitors; information redundancy; innovation; sales of innovative products