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Ownership structure and innovation: Is there a real link

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Author Info
Raquel Ortega Argiles
Rosina Moreno Serrano
Jordi Surinach Caralt (Universitat de Barcelona)

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Abstract

This work focuses on the study of the relationship between ownership and control structure of the company and its innovative activity. Its aim consists of analysing the role that may be played by determinants within the company related to ownership structure when the decision to incur research and development activities is taken as well as on the output of this innovative process. Among these determinants we may think of issues such as who owns the firm and how the control of decision-making is distributed, the nature of this control and the level of concentration of ownership, among others. The study is carried out for the year 2001 using a representative sample of Spanish manufacturing industries.

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Publisher Info
Paper provided by Universitat de Barcelona. Espai de Recerca en Economia in its series Working Papers in Economics with number 111.

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Length: 37 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:bar:bedcje:2004111

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Postal: Espai de Recerca en Economia, Facultat de Ciències Econòmiques. Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona. Spain.
Web page: http://www.ere.ub.es
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Find related papers by JEL classification:
G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure
D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Erming Xu & Han Zhang, 2008. "The impact of state shares on corporate innovation strategy and performance in China," Asia Pacific Journal of Management, Springer, vol. 25(3), pages 473-487, September. [Downloadable!] (restricted)
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