Drivers y barreras a la innovaciónun análisis comparativo multisectorial

  1. Enríquez-Díaz, Joaquín 1
  2. Lado-Sestayo, Rubén 1
  3. Álvarez García, Begoña 1
  4. Fernández Castro, Ángel S. 1
  1. 1 Universidade da Coruña
    info

    Universidade da Coruña

    La Coruña, España

    ROR https://ror.org/01qckj285

Journal:
Anales de ASEPUMA

ISSN: 2171-892X

Year of publication: 2017

Issue: 25

Type: Article

DIALNET GOOGLE SCHOLAR lock_openDialnet editor

More publications in: Anales de ASEPUMA

Abstract

Our study analyses drivers and barriers of firms’ process innovation decisions, considering different sectors. Regarding methodology, this paper proposes a model to explain the decision of carry out a R+D project, considering 3 groups of explanatory variables: business factors - such as company size, age, belong to a corporate group or cooperation- financial factors -such as foreign investment or costs restrictions - and macroeconomic factors - such as public funds. Database was created using the Technological Innovation Panel (PITEC) database, provided by the National Institute of Statistics (INE) and the Spanish Foundation for Science and Technology (FECYT). In addition, the sample covers from 2003 to 2014, so it is possible to analyse the potential effect of the economic crisis in the innovation decision making

Bibliographic References

  • Arqué Castells, P., (2012). “How venture capitalists spur invention in Spain: evidencefrom patent trajectories”. Res. Policy 41,5, pp. 897–912.
  • Amara, N., D'Este, P., Landry, R., & Doloreux, D. (2016). Impacts of obstacles on innovation patterns in KIBS firms. Journal of Business Research, 69(10), 4065-4073.
  • Bertoni, F., Tykvová, T., (2015). “Does governmental venture capital spur inventionand innovation? Evidence from young european biotech companies” Res.Policy 44,4, pp. 925–935.
  • Blanchard, P., Huiban, J. P., Musolesi, A., & Sevestre, P. (2013). “Where there is a will, there is a way? Assessing the impact of obstacles to innovation”.Industrial and Corporate Change, 22.3, pp.679-710.
  • Coad, A., Pellegrino, G., & Savona, M. (2015). “Barriers to innovation and firm productivity”. Economics of Innovation and New Technology, pp.1-14.
  • Costa Campi, M. T., Duch Brown, N., García Quevedo, J. (2014). “R&D drivers and obstacles to innovation in the energy industry”. Energy Economics,46, pp.20-30.
  • Hall, B. H. (2002). “The financing of research and development”. Oxford review of economic policy, 18, 1, pp.35-51.
  • Hall, B. H., Moncada Paternò Castello, P., Montresor, S., Vezzani, A. (2016). “Financing constraints, R&D investments and innovativeperformances: new empirical evidence at the firm level for Europe”. Economics of Innovation and New Technology, 25, 3, pp.183-196.
  • Jamasb, T., Pollitt, M. (2008). “Liberalisation and R&D in network industries: The case of the electricity industry”. Research Policy, 37, 6, pp.995-1008.
  • Kim, J., Flacher, D. (2012). “R&D investment of electricitygenerating firms following industry restructuring”. Energy policy, 48, pp.103-117
  • Lee, N., Sameen, H., Cowling, M. (2015). “Access to finance for innovative SMEs since the financial crisis”.Research policy, 44, 2, pp.370-380.
  • Lööf, H., Nabavi, P. (2015). “Innovation and credit constraints: evidence from Swedish exporting firms”. Economics of Innovation and New Technology, pp.1-14.
  • Pellegrino, G., Savona, M. (2013). I”s money all? Financing versus knowledge and demand constraints to innovation”. IEB Working Paper,2013/021
  • Porter, M. (1990): “The competitive advantage of nations”, Harvard Business Review. March – April, pp. 73-91.
  • Salies, E. (2010): “A test of the Schumpeterian hypothesis in a panel of European electric utilities”. Innovation, Economic Growth and the Firm: Theory Evidence Industrial Dynamics. Cheltenham, UK: Edward Elgar.
  • Sanyal, P. (2007): “The effect of deregulation on environmental research by electric utilities”. Journal of Regulatory Economics 31,3, pp.335-353.
  • Sanyal, P., & Cohen, L. R. (2009). “Powering progress: restructuring, competition, and R&D in the US electric utility industry”. The Energy Journal, pp.41-79
  • Sanyal, P., Ghosh, S. (2013). “Product market competition and upstream innovation: evidence from the US electricity market deregulation”. Review of Economics and Statistics, 95,1, pp.237-254.
Data source: Dialnet