Public Funding and Innovation Strategies. Evidence from Italian SMEs

Barbieri, Laura; Bragoli, Daniela; Cortelezzi, Flavia; Marseguerra, Giovanni

doi:10.1080/13571516.2019.1664834

Cited by 14 publications

(9 citation statements)

References 59 publications

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“…Freeman and Soete 1997;Scherer 1986). In a recent study by Barbieri et al (2019) the role of public funding in the innovation decision and more specifically the type of innovation strategy followed has been investigated for the Italian manufacturing sector. Using Community Innovation Survey (CIS) data and accounting information, they distinguish between inhouse innovation strategies (make), outsourced innovative activities (buy) and mixed strategies that combine both.…”

Section: Literature Reviewmentioning

confidence: 99%

Industrial Innovation, Labour Productivity, Sales and Employment

Woltjer

Galen

Logatcheva

2019

International Journal of the Economics of Business

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This article examines the relationship between firm-level innovation and employment growth for industrial firms in the Netherlands. The empirical analysis uses four waves of the CIS survey for the period 2002-2010. It extends the literature by making an explicit split between the expansion effect of innovation and the labour productivity effect. The results show that both product and process innovation increase labour productivity and therefore induce direct reductions in employment. However, these negative employment effects are more than compensated by increases in sales, implying that both process and product innovations increase employment. In this article for the first time the relationship between both product and process innovations and employment is decomposed in a systematic manner based on explicit econometric equations on the relationship between innovation and labour productivity respectively sales. It is argued that the effects for sales and labour productivity are probably underestimated in all research that uses CIS survey data because these do not show the price effects of increased productivity, but that this effect cancels out in the estimated employment equation.

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Section: Literature Reviewmentioning

confidence: 99%

Industrial Innovation, Labour Productivity, Sales and Employment

Woltjer

Galen

Logatcheva

2019

International Journal of the Economics of Business

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“…As a data source, we are using the harmonized questionnaire Community Innovation Survey (CIS) provided by Eurostat. This is a widely accepted and used (see, e.g., Audretsch & Belitski, 2020;Barbieri et al, 2020) questionnaire, which has been providing the largest database for broad analysis across Europe for more than 15 years. For the purpose of this study, we use the dataset of micro (un-aggregated) data from 2012-2014 (released by Eurostat with a 3-year lag during 2017).…”

Section: Data Sourcementioning

confidence: 99%

Fostering Czech firms? innovation performance through efficient cooperation

Prokop

Stříteská

Stejskal

2021

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Research background: The business climate development and the stage of innovation systems? transformation are very similar in many Central and Eastern European countries, making it necessary to study these specific economies. These economies are at a different level of transformation, and their governments are trying to support the development of a knowledge-based economy, the creation of innovation systems, and collaboration among different types of entities. These governments need feedback in the form of research into the impacts of public funding on innovation activities through the influence of basic research and cooperation-based resources in individual countries. Purpose of the article: This paper focuses on the examination of (i) the influence of national and European subsidies on innovation performance in manufacturing firms in the Czech Republic and (ii) impacts of knowledge- and cooperation-based resources on innovation activities in Czech manufacturing. Methods: The latest available data from the Community Innovation Survey was used for analyses realized by different regression models. The proposed research models were gradually created to verify the influence of pro-innovation factors (expenditures on in-house and external R&D and on the acquisition of external tangible and intangible sources, cooperation with different partners and innovation) and public (national and/or European) funding of firms? innovation performance within the Czech manufacturing industry. Findings and value added: The results have showed that there is a need to focus on direct and indirect effects of selected innovation determinants; we have also identified the crucial role of cooperation (specifically with government, public, or private research institutes) as a mediating variable within innovation processes. The results have also evidenced that public funding affects the efficiency of knowledge- and cooperation-based resources and amplifies the impact on firms? innovation performance differently. Whereas subsidies from national budgets do not significantly influence the innovation performance of Czech manufacturing firms, European subsidies, on the other hand, significantly increase firms? innovation performance. A long-term contribution of this paper is the significant completion of the theory of policy implications that may be applicable in a broad international context beyond the borders of the Czech Republic. This study significantly contributes to the ongoing discussion about (i) the significance of public financial subsidies from both national and European funds and (ii) the effects of cooperation and R&D on firms? innovation performance within ?catching-up? in Central and Eastern Europe.

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“…Given this overall picture of the Italian innovation system, in recent research (see Barbieri L., Bragoli D., Cortelezzi F., Marseguerra G., 2019;Bragoli D., Cortelezzi F., Marseguerra G., 2016;Bragoli D., Cortelezzi F., Giannoccolo P., Marseguerra G., 2019;Cortelezzi F., Marseguerra G., Rigon M., Zoia M. G., 2013) Are Universities relevant as a source of information? Is there a potential link between the type of collaboration and the R&D information source?…”

Section: Three Lines Of Researchmentioning

confidence: 99%

“…In Barbieri et al (2019), we use firm-level dataset 10 on innovative expenditure and public support to innovative activities to focus on their interaction and with the aim of understanding how firms determine their boundaries in terms of innovative strategies. In particular, we consider three different types of R&D strategies: a pure make strategy, i.e the choice of investing in R&D and other innovative activities only inside the firm, a pure buy strategy, i.e.…”

Section: Public Support To Innovationmentioning

confidence: 99%

ASSESSING THE INNOVATIVE PERFORMANCE OF ITALIAN SMEs

Marseguerra

Bragoli

Cortelezzi

2019

LETTERE

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This article aims at assessing the innovative performance of Italian SMEs through the analysis of the many dimensions which together define firms’ innovative capability. The European Innovation Scoreboard (EIS) classifies Italy as a moderate innovator. However, when disaggregating the data, it is possible to observe that Italy performs below the European average, when considering Innovation Enablers (e.g. Human Resources, R&D and Financial Support) and Firms’ Innovation Activities, and above the European average, when focusing on the the Output of innovation, i.e. its economic effect on exports and sales. Thus, it seems that Italian SMEs have been able to exploit agglomeration economies, due to the fruitful activity of industrial districts, and have been the actors of a success story, which combines growth and innovation. Finally, the article identifies and briefly examines three key questions: the impact of capital structure on innovation, the role of public funding in addressing R&D strategies and the potential benefit of the cooperation between firms and universities.

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Public Funding and Innovation Strategies. Evidence from Italian SMEs

Cited by 14 publications

References 59 publications

Industrial Innovation, Labour Productivity, Sales and Employment

Industrial Innovation, Labour Productivity, Sales and Employment

Fostering Czech firms? innovation performance through efficient cooperation

ASSESSING THE INNOVATIVE PERFORMANCE OF ITALIAN SMEs

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