Knowledge Spillovers in the Supply Chain: Evidence from the High Tech Sectors

Olov H.D. Isaksson; Markus  Simeth; Ralf W. Seifert

doi:10.1016/j.respol.2015.12.007

Knowledge Spillovers in the Supply Chain: Evidence from the High Tech Sectors

Olov H.D. Isaksson^*, Markus Simeth, Ralf W. Seifert

^*Corresponding author for this work

Research output: Contribution to journal › Journal article › Research › peer-review

Abstract

In addition to internal R&D, external knowledge is widely considered as an essential lever for innovative performance. This paper analyzes knowledge spillovers in supply chain networks. Specifically, we investigate how supplier innovation is impacted by buyer innovation. Financial accounting data is combined with supply chain relationship data and patent data for U.S. firms in high tech industries. Our econometric analysis shows that buyer innovation has a positive and significant impact on supplier innovation. We find that the duration of the buyer–supplier relationship positively moderates this effect, but that the technological proximity between the two firms does not have a significant effect on spillovers.

Original language	English
Journal	Research Policy
Volume	45
Issue number	3
Pages (from-to)	699-706
Number of pages	8
ISSN	0048-7333
DOIs	https://doi.org/10.1016/j.respol.2015.12.007
Publication status	Published - Apr 2016
Externally published	Yes

Keywords

Knowledge spillovers
Innovation
Buyer–supplier relationship
High tech sectors

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Cite this

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title = "Knowledge Spillovers in the Supply Chain: Evidence from the High Tech Sectors",

abstract = "In addition to internal R&D, external knowledge is widely considered as an essential lever for innovative performance. This paper analyzes knowledge spillovers in supply chain networks. Specifically, we investigate how supplier innovation is impacted by buyer innovation. Financial accounting data is combined with supply chain relationship data and patent data for U.S. firms in high tech industries. Our econometric analysis shows that buyer innovation has a positive and significant impact on supplier innovation. We find that the duration of the buyer–supplier relationship positively moderates this effect, but that the technological proximity between the two firms does not have a significant effect on spillovers.",

keywords = "Knowledge spillovers, Innovation, Buyer–supplier relationship, High tech sectors, Knowledge spillovers, Innovation, Buyer–supplier relationship, High tech sectors",

author = "Isaksson, {Olov H.D.} and Markus Simeth and Seifert, {Ralf W.}",

year = "2016",

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AU - Isaksson, Olov H.D.

AU - Simeth, Markus

AU - Seifert, Ralf W.

PY - 2016/4

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N2 - In addition to internal R&D, external knowledge is widely considered as an essential lever for innovative performance. This paper analyzes knowledge spillovers in supply chain networks. Specifically, we investigate how supplier innovation is impacted by buyer innovation. Financial accounting data is combined with supply chain relationship data and patent data for U.S. firms in high tech industries. Our econometric analysis shows that buyer innovation has a positive and significant impact on supplier innovation. We find that the duration of the buyer–supplier relationship positively moderates this effect, but that the technological proximity between the two firms does not have a significant effect on spillovers.

AB - In addition to internal R&D, external knowledge is widely considered as an essential lever for innovative performance. This paper analyzes knowledge spillovers in supply chain networks. Specifically, we investigate how supplier innovation is impacted by buyer innovation. Financial accounting data is combined with supply chain relationship data and patent data for U.S. firms in high tech industries. Our econometric analysis shows that buyer innovation has a positive and significant impact on supplier innovation. We find that the duration of the buyer–supplier relationship positively moderates this effect, but that the technological proximity between the two firms does not have a significant effect on spillovers.

KW - Knowledge spillovers

KW - Innovation

KW - Buyer–supplier relationship

KW - High tech sectors

KW - Knowledge spillovers

KW - Innovation

KW - Buyer–supplier relationship

KW - High tech sectors

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DO - 10.1016/j.respol.2015.12.007

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