Inventive Capabilities in the Division of Innovative Labor

    National Bureau of Economic Research, 2018.

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    Abstract:

    We study how the inventive capability of a firm conditions its participation in a division of innovative labor. Capable firms are, by definition, able to invent; for them, external inventions substitute for their own Ru0026D. However, external knowledge is an input into internal invention, and thus, more valuable to firms with inventive c...More

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