Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/104566 
Year of Publication: 
2014
Series/Report no.: 
Jena Economic Research Papers No. 2014-023
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Abstract: 
This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations and industries. Complementary effects are found in the indirect but not so in the direct approach. In contrast to previous literature, we find the distinct R&D strategy choices to be significant drivers of innovative activity and we identify contextual variables explaining the joint occurrence of the two strategies.
Subjects: 
complementarity
equipment with embodied technology
innovation
internal R&D
Pavitt´s sectoral taxonomy
JEL: 
O14
O31
O32
O33
Document Type: 
Working Paper

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