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| The Logic Formation and Implementation Path of R&D Externalization |
| Dai Ming,Liu Jia |
| College of Economics,Jinan University,Guangzhou 510632,China |
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Abstract The paper makes a combination of Coase transaction cost analysis method and capability theory to analyze the logic formation,driving force mechanism and mode selection of R&D externalization in Chinese enterprises.In the short run,R&D externalization helps to obtain comparative advantage by lowering internal cost and scale effect;in the long term,manufacturing enterprises use R&D finite externalization to improve independent innovation and obtain competitive advantage.Through comparing the cost with external market transactions and internal R&D,the paper concludes that searching cost,protection fees of intellectual property rights,the cost of knowledge integration and technical risk factor are the influencing factors for R&D internalization
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Received: 09 June 2014
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2015, Vol. 0 
