Institutional Endowment and Innovation Strategies

  1. Cesar Gamez-Alcalde 1
  2. Carmen De Pablos-Heredero 2
  3. Natalia Martin-Cruz 3
  1. 1 Universidad Carlos III de Madrid
    info

    Universidad Carlos III de Madrid

    Madrid, España

    ROR https://ror.org/03ths8210

  2. 2 Universidad Rey Juan Carlos
    info

    Universidad Rey Juan Carlos

    Madrid, España

    ROR https://ror.org/01v5cv687

  3. 3 Universidad de Valladolid
    info

    Universidad de Valladolid

    Valladolid, España

    ROR https://ror.org/01fvbaw18

Libro:
Advances in Management Engineering
  1. Cesáreo Hernández (coord.)

Editorial: Springer International Publishing AG

ISBN: 978-3-319-55888-2

Año de publicación: 2017

Páginas: 155-166

Tipo: Capítulo de Libro

DOI: 10.1007/978-3-319-55889-9_9 DIALNET GOOGLE SCHOLAR

Objetivos de desarrollo sostenible

Resumen

Firms understand that cooperation is key to sustainable innovation. Knowledge accumulated inside the firm requires external catharsis if the firm is to reinvent itself. Institutional endowment influences those cooperative processes, acting as a barrier or leverage. When building balanced cooperation strategies, the extent to which firms make their contributions counts in the innovation race by using "the wind behind" them, and it will determine how sustainable their performance is. Understanding the impact of institutional endowment on innovation strategies might reduce causal ambiguity and therefore help firms to contextualize their innovation strategies. The aim of this paper is to contribute with a type of cooperative innovation strategy dependent on two institutional factors: culture networking and the legal system.