Does the technological sourcing decision matter? Evidence from Spanish panel data.

  1. Montoya, P.V. 1
  2. Zárate, R.S. 1
  3. Martín, L.A.G. 2
  1. 1 Universidad de La Rioja
    info

    Universidad de La Rioja

    Logroño, España

    ROR https://ror.org/0553yr311

  2. 2 Universidad Rey Juan Carlos
    info

    Universidad Rey Juan Carlos

    Madrid, España

    ROR https://ror.org/01v5cv687

Revista:
R&D Management

ISSN: 1467-9310

Año de publicación: 2007

Volumen: 37

Número: 2

Páginas: 161-172

Tipo: Artículo

DOI: 10.1111/J.1467-9310.2007.00465.X SCOPUS: 2-s2.0-33847383251 WoS: WOS:000244554300006 GOOGLE SCHOLAR

Otras publicaciones en: R&D Management

Objetivos de desarrollo sostenible

Resumen

This paper extends previous analysis of the choice between internal and external R&D to consider the effect of this decision on productivity. Existing empirical research confirms that there is a positive relationship between technological assets and firm performance. However, few works have attempted to identify whether the technological sourcing decision taken by the firm affects productivity. The main finding of this paper is that the technological strategy developed by the firm does affect productivity. This issue is particularly novel as it incorporates the technological sourcing decision taken by the firm. The results we obtain indicate that the technological sourcing decision affects the relationship between technological capital and productivity. Thus, our findings suggest that the decision between internal and external R&D matters. © 2007 Blackwell Publishing Ltd.