Innovation and Learning: The Two Faces of R & D
Abstract
Wesley M. Cohen, Daniel A. Levinthal; Innovation and Learning: The Two Faces of R & D, The Economic Journal, Volume 99, Issue 397, 1 September 1989, Pa
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R&D plays a dual role: it produces new knowledge and also builds the firm's capacity to absorb and use knowledge that already exists.
“In contrast, Cohen andLevinthal (1989, 1990) argue that R&D has two faces: not only does R&D generate genuinely new knowledge; it also enhances the firm's ability to assimilate and exploit existing knowledge from the”
From Open for innovation: the role of openness in explaining innovation performance among U.K. manufacturing firms (2006) · cites this paper as Cohen and Levinthal, 1989
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References 26 · Cited by 7,530
- Authors
- Cohen, W. M., & Levinthal, D. A.
- Affiliations
- Carnegie Mellon University (US)
- ORCID
- Levinthal, Daniel A.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 1989-09
- Volume
- 99
- Issue
- 397
- Pages
- 569
- ISSN
- 0013-0133 (ISSN-L)
- OpenAlex
- W2005144066
- Cited by
- 7,530
- References
- 26
- Citations by year
- 2026: 130 · 2025: 172 · 2024: 166 · 2023: 226 · 2022: 235 · 2021: 295 · 2020: 277 · 2019: 268 · 2018: 282 · 2017: 298 · 2016: 320 · 2015: 330 · 2014: 381 · 2013: 364 · 2012: 411
- FWCI
- 96.67
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- The Economic Journal (publishedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Innovation Policy and R&D
- Keywords
- innovation, learning, research and development, R&D spillovers, organizational learning, technological change
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