Can R&D Results be Obtained through Global Open Innovation?: Focus on firm size and R&D intensity

Abstract

Geographical economics suggests that as the geographical distance between organizations increases, the efficiency of knowledge transfer decreases. However, absorbing overseas technology and knowledge on a global scale is a common phenomenon in the practice of open innovation. While there is increasing attention on the internationalization of R&D, research on its effectiveness remains insufficient.

This study focuses on global open innovation and examines the role it plays in R&D activities using quantitative methods. The analysis confirms that firm size has a positive impact on research outcomes and global open innovation. Furthermore, it is revealed that global open innovation mediates the relationship between R&D intensity and research outcomes.

This study highlights the necessity for companies to explore knowledge from overseas. Particularly for companies that strive for R&D, but struggle to achieve research outcomes, absorbing knowledge from overseas demonstrates the potential for generating new research achievements.