When publications lead to products: the open science conundrum in new product development

Article


Jong, S. and Slavova, K. 2014. When publications lead to products: the open science conundrum in new product development. Research Policy. 43 (4), pp. 645-654. https://doi.org/10.1016/j.respol.2013.12.009
TypeArticle
TitleWhen publications lead to products: the open science conundrum in new product development
AuthorsJong, S. and Slavova, K.
Abstract

This paper examines interdependencies between firms’ activities in the realms of open science and commercial product development. We present a theoretical framework that outlines when a firm’s involvement in academic communities enhances its innovative performance in terms of new products in development. We argue that the disclosure of more, valuable R&D work in quality scholarly publications and collaborations with academic partners positively affect firm innovation. We further hypothesize a differential effect of adopting open science strategies on the innovation type, being more pronounced for radical innovations than for incremental innovations. We empirically analyze a unique panel dataset containing information on the product innovation performance and R&D activities of 160 UK therapeutic biotechnology firms over the period 1998- 2009. Our results from count data models on the number of new products in development provide empirical support for our hypotheses.

PublisherElsevier
JournalResearch Policy
ISSN0048-7333
Publication dates
Online25 Jan 2014
Print01 May 2014
Publication process dates
Deposited13 Mar 2015
Accepted21 Dec 2013
Output statusPublished
Publisher's version
Copyright Statement

Copyright © 2014 The Authors. Published by Elsevier B.V. Open access under CC-BY license (http://creativecommons.org/licenses/by/3.0/)

Additional information

Available online 25 January 2014

Digital Object Identifier (DOI)https://doi.org/10.1016/j.respol.2013.12.009
LanguageEnglish
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https://repository.mdx.ac.uk/item/84z7q

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