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dc.contributor.authorGantumur, Tseveenen_US
dc.contributor.authorStephan, Andreasen_US
dc.date.accessioned2011-08-24en_US
dc.date.accessioned2011-09-09T13:12:11Z-
dc.date.available2011-09-09T13:12:11Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/49445-
dc.description.abstractTo quickly adapt to technological change and developments, and thus remain competitive, firms increasingly resort to the use of external technology. This paper investigates whether and to what extent the acquisition of external disembodied technology affects the efficiency and productivity in innovation of technology acquiring firms. Using the stochastic frontier analysis combined with a difference-in-difference matching approach and firm-level panel from the German Innovation Survey for the period 1992-2004, we find that manufacturing firms that acquire disembodied technology experience more growth in innovative productivity than non-acquiring firms do. Thus, this study provides evidence on complementarity between internal and external R&D in innovation production, which is attributed by increasing returns to R&D scale and increasing technical efficiency. Moreover, we find that firm size significantly contributes to innovative efficiency and productivity of external technology acquirers.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDiscussion papers // German Institute for Economic Research 1035en_US
dc.subject.jelO30en_US
dc.subject.jelL24en_US
dc.subject.jelL25en_US
dc.subject.jelL60en_US
dc.subject.ddc330en_US
dc.subject.keywordTechnology Acquisitionen_US
dc.subject.keywordInnovative Efficiencyen_US
dc.subject.keywordInnovative Productivityen_US
dc.subject.keywordSFAen_US
dc.subject.keywordDifference-in-Difference Matchingen_US
dc.subject.stwTechnologietransferen_US
dc.subject.stwInnovationen_US
dc.subject.stwTechnische Effizienzen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleDo external technology acquisitions matter for innovative efficiency and productivity?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn666700192en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW-Diskussionspapiere

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