This chapter implements the notion of s recombinant knowledge generation function, and explores the role of internal and external knowledge in the generation of new technological knowledge. It enables us to appreciate: i) the complementary as opposed to supplementary role of external knowledge; and ii) the role of the size and composition of the internal stock of knowledge. The empirical section is based on a panel of companies listed on the main European financial markets for the period 1995–2006. The econometric analysis is based on simultaneous equations. The results confirm that R & D efforts and external knowledge are indispensable to the generation of new technological knowledge.

External and internal knowledge in the KGF / Antonelli, Cristiano; Colombelli, Alessandra - In: The Evolutionary Complexity of Endogenous Innovation[s.l] : Edward Elgar Publishing, 2018. - ISBN 9781788113786. - pp. 82-108 [10.4337/9781788113793.00008]

External and internal knowledge in the KGF

Colombelli, Alessandra
2018

Abstract

This chapter implements the notion of s recombinant knowledge generation function, and explores the role of internal and external knowledge in the generation of new technological knowledge. It enables us to appreciate: i) the complementary as opposed to supplementary role of external knowledge; and ii) the role of the size and composition of the internal stock of knowledge. The empirical section is based on a panel of companies listed on the main European financial markets for the period 1995–2006. The econometric analysis is based on simultaneous equations. The results confirm that R & D efforts and external knowledge are indispensable to the generation of new technological knowledge.
2018
9781788113786
The Evolutionary Complexity of Endogenous Innovation
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11583/2816316