We analyze the effect of patenting on R&D with a model linking a firm's R&D effort with its decision to patent, recognizing that R&D and patenting affect one another and are both driven by many of the same factors. Using survey data for the U.S. manufacturing sector, we estimate the increment to...

Platform ecosystems characterized by a few platform owners and numerous other complementor firms that partner with them have become quite common across industries. Even though there has been considerable research on platform ecosystems, attention has mostly been on the platform owners and their...

Abstract: Despite the fact that one of the main goals of corporate venture capital (CVC) investments in high-tech industries is to gain a window on future technologies, the relationship between CVC investments and strategies used to acquire technologies in the markets, such as licensing, has not...

We examine the productivity implications of external knowledge flows obtained through an Internet-enabled discussion forum in which IT professionals help one another solve problems related to the implementation and use of enterprise software. Consistent with the absorptive capacity framework...

Even though management consultants increasingly recommend that in-house research be outsourced, little is known about the conditions favoring substitution or complementarity between internal R&D and external technology acquisition. In this paper, we attempt to provide a deeper understanding of...

In this study we examine the antecedents of small independent software vendor (ISV) decisions to join a platform ecosystem. Using data on the history of partnering activities from 1201 ISVs from 1996 to 2004, we find that appropriability strategies based on intellectual property rights and the...

Markets for technology typically enhance value creation though complementarities between upstream research and downstream commercialization capabilities. However, in this paper we focus on the additional benefits of external technology sourcing on the marginal productivity of internal upstream...

We examine whether a firm's IP strategy in support of the open source software (OSS) community stimulates new OSS product entry by start-up software firms. In particular, we analyze the impact of strategic decisions taken by IBM around the mid-2000s, such as its announcement that it will not...