Technological capabilities and the decision to outsource R&D services
ISSN: 1988-8767
Año de publicación: 2008
Número: 398
Tipo: Documento de Trabajo
Otras publicaciones en: Notas técnicas: [continuación de Documentos de Trabajo FUNCAS]
Resumen
This paper is aimed at making a contribution to the emerging literature acknowledging the role of firm capabilities and contractual hazards in governance choices. We argue that the propensity to outsource R&D services increases with the accumulated technological capabilities as well as with the adoption of an international strategy of local responsiveness. We find support for our hypotheses using survey data from a sample of 182 high-tech firms from the European Union and the US.