Product innovation of domestic firms versus foreign MNE subsidiaries: The role of external knowledge sources

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dc.contributor.authorAlmodóvar Martínez, Paloma
dc.contributor.authorNguyen, Quyen T.K.
dc.date.accessioned2023-06-22T11:02:22Z
dc.date.available2023-06-22T11:02:22Z
dc.date.issued2022
dc.descriptionCRUE-CSIC (Acuerdos Transformativos 2022)
dc.description.abstractWe build upon the knowledge-based view and the open innovation literature to examine product innovation of domestic firms relative to subsidiaries of foreign multinational enterprises, and the mechanisms that domestic firms could use to catch up to foreign subsidiaries for product innovation. We propose three external knowledge sources that will have a positive impact on product innovation, namely, R&D collaborations, inward technology licensing, and external R&D. We hypothesise that the effects would be greater for domestic firms than for foreign subsidiaries. We empirically test our hypotheses using panel data from Spain (2006–2016). We find that domestic firms introduce fewer product innovations than foreign subsidiaries, and that the external knowledge sources are effective mechanisms for domestic firms to reach, or outperform, foreign subsidiaries in terms of product innovation.
dc.description.departmentDepto. de Organización de Empresas
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.refereedTRUE
dc.description.sponsorshipMinisterio de Educación y Formación Profesional
dc.description.statuspub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/74719
dc.identifier.doi10.1016/j.techfore.2022.122000
dc.identifier.issn0040-1625
dc.identifier.officialurlhttps://doi.org/10.1016/j.techfore.2022.122000
dc.identifier.urihttps://hdl.handle.net/20.500.14352/72034
dc.journal.titleTechnological Forecasting and Social Change
dc.language.isoeng
dc.page.initial122000
dc.publisherElsevier Inc.
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.keywordNumber of product innovations
dc.subject.keywordR&D collaboration
dc.subject.keywordForeign inward licensing
dc.subject.keywordExternal R&D
dc.subject.keywordKnowledge-based view
dc.subject.keywordInbound open innovation
dc.subject.ucmAdministración de empresas
dc.subject.ucmEmpresas
dc.subject.unesco5311 Organización y Dirección de Empresas
dc.subject.unesco5311 Organización y Dirección de Empresas
dc.titleProduct innovation of domestic firms versus foreign MNE subsidiaries: The role of external knowledge sources
dc.typejournal article
dc.volume.number184
dspace.entity.typePublication
relation.isAuthorOfPublication0754cabf-0e95-4762-86ff-734936ea7cfc
relation.isAuthorOfPublication.latestForDiscovery0754cabf-0e95-4762-86ff-734936ea7cfc
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