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Collaboration in innovation

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New firm‐level analysis reveals that firms that collaborate on innovation spend more on innovation than those that do not. This suggests that collaboration is likely to be undertaken to extend the scope of a project or to complement firms' competencies more than to save on costs. In most countries collaboration with foreign partners is as least as important as domestic co‐operation. Collaboration is used in innovation processes whether firms perform a lot of R&D, a little R&D or no R&D at all. In this respect, policies that stimulate collaboration and network initiatives will have an impact on the entire spectrum of innovative firms.
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Document Type: Review Article

Publication date: 2010-05-01

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