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- W4385220883 abstract "This paper examines to which extent firms’ new technologies still rely in the inventions produced in R&D laboratories that the firm decided to shut down. We employ a difference-in-differences (DiD) approach to compare technologies from closed labs with similar inventions within the firm that were created in labs that remained open. Our results suggest a negative relationship between a lab’s closure and the use of its stock of knowledge in the focal firm’s subsequent inventions. We further investigate how much of this effect is due to specific attributes of the technologies’ inventors and how much of it is due to the proximity of technologies to the focal firm’s core capabilities. We find that the negative relationship we observe is stronger for inventors with higher amounts of social capital. This relationship is also stronger for technologies that are close to the focal firm’s core competencies." @default.
- W4385220883 created "2023-07-25" @default.
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- W4385220883 date "2023-08-01" @default.
- W4385220883 modified "2023-10-18" @default.
- W4385220883 title "Am I Not Interesting Anymore? Lab Closures and Technology Repurposing" @default.
- W4385220883 doi "https://doi.org/10.5465/amproc.2023.19426abstract" @default.
- W4385220883 hasPublicationYear "2023" @default.
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