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International R&D sourcing, innovation and firm age: The advantage of 'born-international sourcers'

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dc.affiliation.institutoUC3M. Instituto de Iniciativas Empresariales y Empresa Familiar Conde de Campomaneses
dc.contributor.authorAsimakopoulos, Grigorios
dc.contributor.authorRevilla Torrejón, Antonio Javier
dc.contributor.authorRodríguez Márquez, Alicia
dc.date.accessioned2023-09-28T09:00:48Z
dc.date.available2023-09-28T09:00:48Z
dc.date.issued2023-04
dc.description.abstractWe study how international knowledge sourcing affects the innovation performance of firms of different ages (from inception to mature). Specifically, we analyze (i) the contribution of international R&D sourcing to product innovations having a high degree of novelty- i.e. products that are new to the market; and (ii) the moderating role of firm age in this relationship. In doing so, we contrast two arguments that have created a debate in the literature: One is that experience plays a key role in successfully managing the inherent complexity of offshoring; another is that firms internationalizing at an early stage enjoy the learning advantages of newness. Based on a panel of over 9000 firms based in Spain spanning from 2008 to 2016, our findings indicate that international R&D sourcing is positively related to product innovations having a high degree of novelty, and that firm age exerts a negative moderating effect on the international R&D sourcing-innovation relationship. These results allow us to conclude that the innovation benefits of internationalizing the acquisition of knowledge are greater for younger firms. We identify the advantage of firms performing international R&D sourcing during their early stages and introduce the concept of "born-international sourcers" to identify firms that engage in international sourcing strategies from an early stage.en
dc.description.sponsorshipThis project was funded by the Government Research Agency of Spanish Ministry of Science and Innovation (PID2019-106874GB-I00/AEI/10.13039/501100011033). This work is developed with the support of Madrid Government (Comunidad de Madrid-Spain) with the project Excellence of University Professors (EPUC3M20) in the context of the V PRICIT (Regional Programme of Research and Technological Innovation). Funding for APC: Universidad Carlos III de Madrid (Read & Publish Agreement CRUE-CSIC 2022)en
dc.format.extent14
dc.identifier.bibliographicCitationAsimakopoulos, G., Revilla, A., & Rodríguez, A. (2023). International R&D sourcing, innovation and firm age: The advantage of ‘Born-International Sourcers’. Technovation, 122, 102662.en
dc.identifier.doihttps://doi.org/10.1016/j.technovation.2022.102662
dc.identifier.issn0166-4972
dc.identifier.publicationfirstpage1
dc.identifier.publicationissue102662
dc.identifier.publicationlastpage14
dc.identifier.publicationtitleTechnovationen
dc.identifier.publicationvolume122
dc.identifier.urihttps://hdl.handle.net/10016/38463
dc.identifier.uxxiAR/0000032257
dc.language.isoengen
dc.publisherElsevieren
dc.relation.projectIDGobierno de España. PID2019-106874GB-I00es
dc.relation.projectIDComunidad de Madrid. EPUC3M20es
dc.relation.projectIDAT-2022
dc.rights© 2022 The Authors.en
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.rights.accessRightsopen accessen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/*
dc.subject.ecienciaEconomíaes
dc.subject.ecienciaEducaciónes
dc.subject.ecienciaEmpresaes
dc.subject.ecienciaSociologíaes
dc.subject.otherInternational sourcingen
dc.subject.otherFirm ageen
dc.subject.otherBorn-internationalen
dc.subject.otherR&Den
dc.subject.otherInnovationen
dc.subject.otherFractional regression modelsen
dc.subject.otherModerationen
dc.subject.otherPanel dataen
dc.titleInternational R&D sourcing, innovation and firm age: The advantage of 'born-international sourcers'en
dc.typeresearch article*
dc.type.hasVersionVoR*
dspace.entity.typePublication
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