Abstract
In this paper, we analyse the role of international patent collaborations in the performance of domestic firms and how the relationship is augmented by the pre-existing capabilities of the domestic firms. Using data on Indian firms, we study patterns of co-invention by Indian firms and foreign partners. The results confirm the crucial role played by the absorptive capacity of domestic firms in enhancing benefits from patent collaborations. Strikingly, we find that the coefficient associated to foreign collaboration has a positive effect on performance only when complemented with previous innovative capabilities. The evidence we present in this work contributes to existing knowledge on the microeconomics behind the process of technological capability accumulation and catching up in developing countries.
| Original language | English |
|---|---|
| Number of pages | 24 |
| Journal | The Journal of Technology Transfer |
| DOIs | |
| Publication status | E-pub ahead of print - 1 Sept 2023 |
JEL classifications
- l20 - Firm Objectives, Organization, and Behavior: General
- o30 - "Technological Change; Research and Development; Intellectual Property Rights: General"
- d24 - "Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity"
- o12 - Microeconomic Analyses of Economic Development
Keywords
- Co-patenting
- Foreign collaboration
- Absorptive capacity
- Capability accumulation
- Corporate performance
- RESEARCH-AND-DEVELOPMENT
- FOREIGN DIRECT-INVESTMENT
- ABSORPTIVE-CAPACITY
- DEVELOPMENT COOPERATION
- EMERGING ECONOMIES
- PRODUCTIVITY SPILLOVERS
- DEVELOPING-COUNTRIES
- TECHNOLOGY-TRANSFER
- COGNITIVE DISTANCE
- INNOVATION