Voluntary Technological Disclosure as an Efficient Knowledge Management Device: An Empirical Study

Lhuillery, S. (2006). Voluntary technological disclosure as an efficient knowledge management device: An empirical study. Economics of Innovation and New Technology, 15(4-5), 465-491.

Posted: 28 Jun 2009 Last revised: 12 Jun 2014

See all articles by Stephane Lhuillery

Stephane Lhuillery

Neoma Business School; University of Strasbourg - Bureau of Economic Theory and Application (BETA)

Date Written: May 1, 2005

Abstract

This paper investigates three questions related to endogenous information and knowledge disclosure by firms: Which industry sectors are more apt to disclose information and knowledge? Why is such knowledge released? Is knowledge disclosure an efficient strategy? An empirical analysis on four French data sets that focus on appropriation, the practices of innovation, and the related payoffs suggests answers to these questions. A firm with high R&D intensity, from a high-tech sector, participating in R&D partnerships is found to be more likely to engage in disclosure. Firms in the sample were found to "leak" their knowledge to public laboratories to a greater degree than to other private sector firms. Leakage also was found to be associated with improved innovation performance. This research helps broaden the literature on knowledge management practices to include not only the pursuit of formal intellectual property rights such as patents but less formal inter-organizational knowledge transmission mechanisms.

Keywords: innovation, endogenous spillovers, cooperation, appropriation

JEL Classification: O32, L21, C81

Suggested Citation

Lhuillery, Stephane, Voluntary Technological Disclosure as an Efficient Knowledge Management Device: An Empirical Study (May 1, 2005). Lhuillery, S. (2006). Voluntary technological disclosure as an efficient knowledge management device: An empirical study. Economics of Innovation and New Technology, 15(4-5), 465-491., Available at SSRN: https://ssrn.com/abstract=1426107

Stephane Lhuillery (Contact Author)

Neoma Business School ( email )

1 Rue du Maréchal Juin
Mont Saint Aignan Cedex, 76825
France

University of Strasbourg - Bureau of Economic Theory and Application (BETA) ( email )

France

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