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Institutional Endowment and Innovation Strategies

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Advances in Management Engineering

Part of the book series: Lecture Notes in Management and Industrial Engineering ((LNMIE))

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Abstract

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.

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Authors and Affiliations

  1. Dpto. de Economía de La Empresa, Facultad de Ciencias Sociales y Jurídicas, Carlos III University, Campus de Getafe Calle Madrid, 126, 28903, Getafe Madrid, Spain

    Cesar Gamez-Alcalde

  2. Dpto. Economía de la Empresa (ADO), Economía Aplicada II y Fundamentos del Análisis Económico, Facultad de Ciencias Jurídicas y Sociales, Rey Juan Carlos University, Paseo Artilleros s/n, 28032, Vicalvaro Madrid, Spain

    Carmen De Pablos-Heredero

  3. Grupo INSISOC, Dpto. de Organización de Empresas y CIM, Facultad de Ciencias Económicas y Empresariales, Universidad de Valladolid, Avda. Valle Esgueva 6, 47011, Valladolid, Spain

    Natalia Martin-Cruz

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  1. Cesar Gamez-Alcalde
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  2. Carmen De Pablos-Heredero
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  3. Natalia Martin-Cruz
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Correspondence to Natalia Martin-Cruz .

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  1. Management and Business Administration, University of Valladolid, Valladolid, Spain

    Cesáreo Hernández

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Gamez-Alcalde, C., De Pablos-Heredero, C., Martin-Cruz, N. (2017). Institutional Endowment and Innovation Strategies. In: Hernández, C. (eds) Advances in Management Engineering. Lecture Notes in Management and Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-319-55889-9_9

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  • DOI: https://doi.org/10.1007/978-3-319-55889-9_9

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