Techno-economic effect of R&D Outsourcing Strategy for Small and Medium-sized Enterprises: A Resource-Based Viewpoint
Document Type
Journal Article
Publisher
Chinese Business Incubation Association (CBIA)
Faculty
Faculty of Business and Public Management
School
School of Business
RAS ID
2829
Abstract
The purpose of this research study is to investigate the techno-economic effects of an R&D outsourcing strategy for small and medium-sized enterprises (SMEs). Based on a resource-based viewpoint, the techno-economic effects of an R&D outsourcing strategy are found to be dependent on the level of product innovation and of previous R&D outsourcing experience. The empirical results demonstrate that R&D outsourcing can enhance technological capabilities when applied to product developed under radical product innovation, and for SMEs with a rich experience in R&D outsourcing, their R&D outsourcing practice can help to generate financial profits via this type of products. Research and managerial implications are also discussed here.
Comments
Huang, Y., Lin, C., & Lin, H. (2005). Techno-economic effect of R&D outsourcing strategy for small and medium-sized enterprises: a resource-based viewpoint. International Journal of Innovation and Incubation, 2(1), 1-22.