Barriers to innovation and firm productivity

Coad, Alex; Pellegrino, Gabriele; Savona, María

doi:10.1080/10438599.2015.1076193

Cited by 100 publications

(80 citation statements)

References 32 publications

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“…Second, we decompose the data to analyze the dierential impact of dierent obstacles across dierent sectors and rm types to provide a more detailed analysis of heterogeneous eects. Third, we implement alternative econometric strategies, including an instrumental variables approach and xed eects 1 See for instance Pellegrino and Savona (2017), Coad et al (2016), and the early contribution by Galia and Legros (2004). estimations, to make a stronger case on the causality of our results.…”

Section: Introductionmentioning

confidence: 99%

The Role of Obstacles to Innovation on Innovative Activities: An Empirical Analysis

Zahler¹,

Goya²,

Caamaño³

2018

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. https://creativecommons.org/licenses/by-nc-nd/3.0/igo/legalcode Inter-American Development Bank. This work is licensed under a Creative Commons IGO 3.0 Attribution-NonCommercial-NoDerivatives (CC-IGO BY-NC-ND 3.0 IGO) license (http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ legalcode) and may be reproduced with attribution to the IDB and for any non-commercial purpose, as provided below. No derivative work is allowed.Any dispute related to the use of the works of the IDB that cannot be settled amicably shall be submitted to arbitration pursuant to the UNCITRAL rules. The use of the IDB's name for any purpose other than for attribution, and the use of IDB's logo shall be subject to a separate written license agreement between the IDB and the user and is not authorized as part of this CC-IGO license. AbstractWe study the eect of dierent types of barriers to innovation (nancial, demand, knowledge, market, cooperation, and regulatory barriers) on rm level innovation inputs and outputs. Using a pooled sample of three Chilean innovation surveys, based on an instrumental variables approach, we nd that the probability of generating innovation outcomes is signicantly reduced by demand and nancial barriers. Regarding inputs for innovation, we nd a clear negative relationship between nancial and demand obstacles and the propensity to incur (non-R&D) innovation expenditures, but not with its intensity. We also provide evidence of heterogeneous eects across sectors, nding that knowledge obstacles are relevant for manufacturing and market structure obstacles for services, while demand and nancial obstacles appear to matter across the board.

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Section: Introductionmentioning

confidence: 99%

The Role of Obstacles to Innovation on Innovative Activities: An Empirical Analysis

Zahler¹,

Goya²,

Caamaño³

2018

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“…In order to do this, we propensity score matching (PSM) and nearest neighbours matching (NNM) estimators following recent contributions analysing innovation and firm performance (Kannebley Jr et al, 2010;Alvarez et al, 2010;Coad et al, 2015). These methods allow to estimate the effect of innovation on sales growth by comparing firms with a similar propensity to introduce innovations.…”

Section: Psm and Nnm Analysismentioning

confidence: 99%

Exploring the link between innovation and growth in Chilean firms

Santi

Santoleri

2017

Small Bus Econ

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractWe employ a balanced panel dataset representative of the entire Chilean productive structure in order to investigate the relation between the introduction of innovation and subsequent firm growth in terms of sales. Recent contributions examining the returns to innovation on firm performance have stressed the need of going beyond the analysis of the 'average effect for the average firm'. However, previous studies in the case of Latin American economies have often overlooked the importance of analyzing which firms benefit more from the introduction of innovations. Our analysis consists of a series of parametric and non-parametric exercises which take into account the properties of the firm growth distribution. In particular, we adopt quantile treatment effects (QTE) which allow to estimate the effect of the introduction of innovation by comparing firms with a similar propensity to innovate for different quantiles of the firm growth distribution. On one hand, our results indicate that process innovation shows a positive and significant relation with firm growth for those firms located at the 75th and 90th percentiles. On the other, product innovation shows a negative association only for high-growth firms.

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“…Also, firms might establish cooperation with different private and public partners, such as universities and public research institutes, to alleviate the effects of barriers to innovation, in particular those related to knowledge accumulation and diffusion (Davey et al 2016;D'Este et al 2012D'Este et al , 2013Hall et al 2001;Pellegrino and Savona 2017) that might affect their innovation and economic performance (Coad et al 2016). This special section hosts novel contributions that shed light on the nature of barriers to innovation and their specific effects when it comes to establishing cooperation with universities and public research institutes.…”

Section: Barriers To Innovation In Firms As An Incentive To Cooperatementioning

confidence: 99%

University–industry linkages and academic engagements: individual behaviours and firms’ barriers. Introduction to the special section

Filippetti

Savona

2017

J Technol Transf

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The article introduces the special section on ''University-industry linkages and academic engagements: Individual behaviours and firms' barriers''. We first revisit the latest developments of the literature and policy interest on university-industry research. We then build upon the extant literature and unpack the concept of academic engagement by further exploring the heterogeneity of UI linkages along a set of dimensions and actors involved. These are: (1) Incentives and behaviours of individual academic entrepreneurs; (2) Firms' barriers to cooperation with public research institutions; (3) Individual behaviours, incentives and organizational bottlenecks in late developing countries. We summarize the individual contributions along these dimensions. There are overlooked individual characteristics that affect the degree of engagement of academics and scholars in cooperating with other organizations, of which gender and the nonacademic background of individuals are most crucial. The notion of academic engagement should be enlarged to aspects that go beyond the commercialization or patenting of innovation, but embrace social and economic impact more at large. From the perspective of the firm, barriers to innovation might exert an effect on the likelihood to cooperate with universities and public research institutes, most especially to cope with lack of finance or access to frontier knowledge. We finally propose a research agenda that addresses the challenges ahead.

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Barriers to innovation and firm productivity

Cited by 100 publications

References 32 publications

The Role of Obstacles to Innovation on Innovative Activities: An Empirical Analysis

The Role of Obstacles to Innovation on Innovative Activities: An Empirical Analysis

Exploring the link between innovation and growth in Chilean firms

University–industry linkages and academic engagements: individual behaviours and firms’ barriers. Introduction to the special section

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