As the complexity and costs of new technologies increases many firms have found it difficult to rely solely on internal resources to reach innovation goals. Alternately, firms are beginning to outsource critical elements of the innovation process. In this session I will discuss recent research examining when firms may be more or less likely to rely on external suppliers, as opposed to in-house resources, during the innovation process. In particular, I will examine the decision by firms to use external supplies during the patenting process. I will also discuss findings detailing the factors that may facilitate or constrain the ability of firms to leverage in-house resources to maximize innovation output. Overall, this session will provide participants with new insights into how organizations concurrently utilize in-house and external sources of knowledge to generate innovation outputs.
Available at: http://works.bepress.com/ian_williamson/8/