Techno-economic Effect of R&D Outsourcing Strategy for Small and Medium-sized Enterprises: A Resource-Based Viewpoint

Huang, Y.; Lin, Chad; Lin, H.

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Authors

Huang, Y.

Lin, Chad

Lin, H.

Date

2005

Type

Journal Article

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Citation

Huang, Y. and Lin, C. and 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): pp. 1-22.

Source Title

International Journal of Innovation and Incubation

URI

http://hdl.handle.net/20.500.11937/26764

Collection

Curtin Research Publications

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.