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A tale of two literatures: Transaction costs and property rights in innovation outsourcing

机译:关于两个文献的故事:创新外包中的交易成本和产权

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摘要

This paper investigates the relative importance of property rights and transactions cost factors in driving the decision of firms to outsource innovation. Using data for over 8000 firms from the UK Community Innovation Survey, we find that property right factors dominate over transaction cost factors. Transaction cost variables are more important for process innovation, while property rights variables are more significant for firms involved in product innovation. In addition, we find that firms involved in process innovation have a higher probability of outsourcing innovation than firms involved in product innovation.
机译:本文研究了产权和交易成本因素在驱动企业外包创新决策中的相对重要性。使用来自英国社区创新调查的8000多家公司的数据,我们发现产权因素主导交易成本因素。交易成本变量对于流程创新更为重要,而产权变量对于参与产品创新的公司则更为重要。此外,我们发现参与过程创新的公司比参与产品创新的公司有更高的外包创新可能性。

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