Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24215 
Year of Publication: 
2006
Series/Report no.: 
ZEW Discussion Papers No. 06-023
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments face difficulties in using knowledge that comes from areas they are not familiar with. Establishments exploit spillovers for incremental innovations rather than for drastic innovations. To a limited degree R&D cooperations can help to overcome the difficulties in using spillovers for drastic innovations. Furthermore, our estimates provide evidence that a firm?s own R&D effort and the use of outside information are substitutive.
Subjects: 
New Products
Patents
Spillovers
Learning
R&D
JEL: 
O32
O31
L60
L15
Document Type: 
Working Paper

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