Knowledge spillover effects in German knowledge-intensive industries

It is widely assumed that firms collaborating in Research and Development (R&D) activities benefit from knowledge spillovers. However, there has been little discussion about the synergistic effects of knowledge spillovers and R&D collaboration.This paper examines the role of three types...

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Bibliographic Details
Main Authors: Hájek, Petr, Stejskal, Jan
Format: Conference or Workshop Item
Language:English
Published: 2016
Subjects:
Online Access:http://repo.uum.edu.my/20051/1/KMICe2016%20132%20137.pdf
http://repo.uum.edu.my/20051/
http://repo.uum.edu.my/20050/1/KMICe2016%20116%20121.pdf
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Institution: Universiti Utara Malaysia
Language: English
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Summary:It is widely assumed that firms collaborating in Research and Development (R&D) activities benefit from knowledge spillovers. However, there has been little discussion about the synergistic effects of knowledge spillovers and R&D collaboration.This paper examines the role of three types of knowledge spillovers, namely internal, market and institutional.R&D collaboration mediates the knowledge spillovers effects in the proposed structural equation models.This study demonstrates that German knowledge-intensive firms prefer internal knowledge transfer and market R&D collaboration, respectively.The empirical evidence shows that these tools promote innovation performance. The highest effects are obtained for the combination of market knowledge spillovers (.043***) and market R&D collaboration (.066***). This research thus provides justification for this strategy.It also shows that public financial support represents an effective measure for establishing R&D collaboration based on knowledge spillovers generated in the communication within the firm, in the market and with public institutions.The support of market and institutional R&D collaboration seems to be particularly important.