Organizing for Innovation: R&D Projects, Activities and Partners

IESE Business School Working Paper No. 597

26 Pages Posted: 12 Jan 2006

See all articles by Bruno Cassiman

Bruno Cassiman

IESE Business School; KU Leuven - Faculty of Business and Economics (FEB)

Chiara Di Guardo

Universita di Cagliari

Giovanni Valentini

Bocconi University - Department of Management and Technology

Abstract

We explore how R&D project characteristics condition the governance of an R&D project and its individual activities. Prior literature has sought to explain the factors - both at the industry and at the firm level - that influence the way in which firms partner for innovation. In this paper, by analyzing detailed data from a subsidiary of STMicroelectronics, we identify the main drivers of partner selection for innovation. Partnering or contracting with universities for innovation is common practice for developing new - original - knowledge (as opposed to applying existing knowledge to a problem). But firms are more reluctant to partner, especially with other firms, when that knowledge directly enhances their competitiveness. However, conditional on cooperation, partners are more likely to act individually when the project is strategically important. Contracting for innovation to universities or research centers, as opposed to partnering, is usual in more experimental projects in which highly original knowledge is developed, and typically early on in the project.

Keywords: innovation strategy, technological innovation, R&D projects organization, partner selection

Suggested Citation

Cassiman, Bruno and Di Guardo, Chiara and Valentini, Giovanni, Organizing for Innovation: R&D Projects, Activities and Partners. IESE Business School Working Paper No. 597. Available at SSRN: https://ssrn.com/abstract=875297 or http://dx.doi.org/10.2139/ssrn.875297

Bruno Cassiman (Contact Author)

IESE Business School ( email )

Avenida Pearson 21
Barcelona, 08034
Spain
+34 93 602 4426 (Phone)
+34 93 253 4343 (Fax)

KU Leuven - Faculty of Business and Economics (FEB) ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

Chiara Di Guardo

Universita di Cagliari ( email )

Cagliari, 09124
Italy

Giovanni Valentini

Bocconi University - Department of Management and Technology ( email )

Via Roentgen 1
Milan, MI 20136
Italy

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