The past two decades have seen a gradual but noticeable change in the economic organization of innovative activity. Most firms used to integrate research and development with activities such as production, marketing, and distribution. Today firms are forming joint ventures, research and development alliances, licensing deals, and a variety of other outsourcing arrangements with universities, technology-based start-ups, and other established firms. In many industrie... [PDF.wk10] Markets for Technology: The Economics of Innovation and Corporate Strategy (MIT Press) Rating: 3.63 (476 Votes)
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