Sources of Spillovers for Imitation and Innovation
Refereed Journal // 2014We estimate the effect of R&D spillovers on sales realized by products new to the firm (imitation) and new to the market (innovation). It turns out that spillovers from rivals lead to more imitation, while input from customers and research institutions enhance original innovation.
Cappelli, Riccardo, Dirk Czarnitzki and Kornelius Kraft (2014), Sources of Spillovers for Imitation and Innovation , Research Policy 43(1) , 115-120