What factors impact strategy of innovation acquisition?

Document Type : Review article


1 Faculty of Management, University of Tehran

2 Graduate School of Management and Economics, Sharif University of Technology


Firms are increasingly moving towards acquiring innovations from external sources in order to remain innovative and make economic profits. These firms use a variety of strategies in sourcing innovation from outside, including outsourcing, joint ventures, licensing and open innovation. This paper investigates the factors that influence the decision of firms in selecting among various available strategies for acquiring innovation.


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