Search patterns and absorptive capacity: Low- and high-technology sectors in European countries |
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Authors: | Christoph Grimpe Wolfgang Sofka |
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Institution: | a ZEW Centre for European Economic Research, Mannheim, Germany b Catholic University of Leuven, Belgium c University of Hamburg, Chair of Marketing and Innovation, Germany |
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Abstract: | Searching for externally available knowledge has been characterised as a vital part of the innovation process. Previous research has, however, almost exclusively focused on high-technology environments, largely ignoring the substantial low- and medium-technology sectors of modern economies. We argue that firms from low- and high-technology sectors differ in their search patterns and that these mediate the relationship between innovation inputs and outputs. Based on a sample of 4500 firms from 13 European countries, we find that search patterns in low-technology industries focus on market knowledge and that they differ from technology sourcing activities in high-technology industries. |
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Keywords: | L60 O32 |
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