What Makes Companies Pursue an Open Science Strategy?

Download or read book What Makes Companies Pursue an Open Science Strategy? written by Markus Simeth and published by WIPO. This book was released on 2013 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the motivations of firms that disclose research outcomes in a scientific format. Besides considering an internal firm dimension, the authors focus particularly on knowledge sourcing from academic institutions and the appropriability regime using a cost-benefit framework. The analysis provides evidence that the access to important scientific knowledge imposes the adoption of academic disclosure principles, whereas the mere existence of collaborative links with academic institutions is not a strong predictor. Furthermore, the results suggest that overall industry conditions are influential in shaping the cost-benefit rationale of firms with respect to scientific disclosure.