Providing contract research services and firms’ own product innovation performance

Philip Steinberg, Wolfgang Sofka, Thijs Peeters, Vivien Procher, Diemo Urbig

    Research output: Contribution to conferenceAbstractAcademic

    Abstract

    Extant literature has largely assumed that firms providing research services to other firms as an inventor-for-hire will do so at the expense of developing their own product innovations. Given this assumption, it is surprising that many firms provide research services to other firms without compromising their own flow of product innovations. In this study, we provide a systematic logic that connects the inventor-for-hire services that firms provide to others with the firms’ own product innovation performance. We hypothesize that opportunistic gains from providing contract research eventually enable firms to increase their product innovation performance. Furthermore, we suggest that this increase will be stronger for technology leaders and will be weaker for firms with a strong engagement in basic research. We test our hypotheses on a panel of 1,006 firms over 2005 to 2013 and find support for our hypotheses
    Original languageEnglish
    Pages19667
    Number of pages19667
    Publication statusPublished - 18-Jul-2019
    EventAcademy of Management Annual Meeting 2019 - Boston, Massachusetts, USA, Boston, United States
    Duration: 9-Aug-201913-Aug-2019
    http://aom.org/annualmeeting/theme/

    Conference

    ConferenceAcademy of Management Annual Meeting 2019
    Abbreviated titleAOM 2019
    CountryUnited States
    CityBoston
    Period09/08/201913/08/2019
    Internet address

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