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External ownership and innovation in the United Kingdom

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  • Paul Bishop
  • Nick Wiseman
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    Abstract

    This paper examines the impact of ownership and a variety of other variables on the likelihood of innovation and the presence of an R&D function within a national sample of UK defence related firms. It is shown that foreign ownership has a negative indirect impact upon innovation. Mixed support is found for the Schumpeterian approach to innovation. Involvement in export markets, technological opportunity and R&D collaboration are shown to have a positive impact on innovation.

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    File URL: http://www.tandfonline.com/doi/abs/10.1080/000368499324156
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal Applied Economics.

    Volume (Year): 31 (1999)
    Issue (Month): 4 ()
    Pages: 443-450

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    Handle: RePEc:taf:applec:v:31:y:1999:i:4:p:443-450

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    Web page: http://www.tandfonline.com/RAEC20

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    Cited by:
    1. Ortega-Argilés , Raquel & Moreno, Rosina, 2009. "Evidence on the role of ownership structure on firms’ innovative performance," Investigaciones Regionales, Asociación Española de Ciencia Regional, issue 15, pages 231-250.
    2. Joel Stiebale & Frank Reize, 2008. "The Impact of FDI on Innovation in Target Firms," Ruhr Economic Papers 0050, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    3. Mark Rogers, 2000. "Understanding Innovative Firms: An Empirical Analysis of the GAPS," Melbourne Institute Working Paper Series wp2000n08, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    4. Bettina Peters, 2009. "Persistence of innovation: stylised facts and panel data evidence," The Journal of Technology Transfer, Springer, vol. 34(2), pages 226-243, April.
    5. Richard Harris & John Moffat, 2011. "R&D, innovation and exporting," LSE Research Online Documents on Economics 33593, London School of Economics and Political Science, LSE Library.
    6. Stephan Brunow & Valentina Nafts, 2013. "What types of firms tend to be more innovative: A study on Germany," Norface Discussion Paper Series 2013021, Norface Research Programme on Migration, Department of Economics, University College London.
    7. Chen, Yan & Zhang, Bin, 2013. "基于所有权视角的企业创新理论框架与体系
      [The Theoretical Framework and System of Innovation within Enterprises: Based on the Perspective of Ownership]
      ," MPRA Paper 47078, University Library of Munich, Germany.
    8. Dhamvithee, Pisit & Shankar, Bhavani & Jangchud, Anuvat & Wuttijumnong, Phaisarn, 2005. "New Product Development in Thai Agro-Industry: Explaining the Rates of Innovation and Success in Innovation," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 8(03).

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