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Economic crisis and innovation: is destruction prevailing over accumulation?

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Author Info

  • Daniele Archibugi

    ()
    (Department of Management, Birkbeck College University of London)

  • Andrea Filippetti

    ()
    (Institute for the Study of Regionalism, Federalism and Self-Government)

  • Marion Frenz

    ()
    (Department of Management, Birkbeck College University of London)

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    Abstract

    This paper, based on the latest three waves of the UK Community Innovation Survey, compares drivers of innovation investment before and during the crisis, and finds that the crisis led to a concentration of innovative activities among fast growing and already innovative firms.

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    File URL: http://www.bbk.ac.uk/innovation/publications/docs/Archibugi-et-al-CIS-WP6.pdf
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    Bibliographic Info

    Paper provided by Birkbeck Centre for Innovation Management Research in its series Working Papers with number 6.

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    Length: 26 pages
    Date of creation: Apr 2012
    Date of revision: Apr 2012
    Publication status: Published on Birkbeck Centre for Innovation Management Research web site, April 2012, pages 1-26
    Handle: RePEc:img:wpaper:6

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    Web page: http://www.bbk.ac.uk/innovation/
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    References

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    1. Martin Srholec & Bart Verspagen, 2008. "The Voyage of the Beagle in Innovation Systems Land. Explorations on Sectors, Innovation, Heterogeneity and Selection," Working Papers on Innovation Studies 20080220, Centre for Technology, Innovation and Culture, University of Oslo.
    2. Mohnen, Pierre & Schim van der Loeff, S. & Palm, Franz & Raymond, Wladimir, 2006. "Persistence of Innovation in Dutch Manufacturing: Is it Spurious?," MERIT Working Papers 011, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. Antonelli, Cristiano & Crespi, Francesco & Scellato, Giuseppe, 2012. "Inside innovation persistence: New evidence from Italian micro-data," Structural Change and Economic Dynamics, Elsevier, vol. 23(4), pages 341-353.
    4. Cefis, Elena, 2003. "Is there persistence in innovative activities?," International Journal of Industrial Organization, Elsevier, vol. 21(4), pages 489-515, April.
    5. Bettina Peters, 2006. "Persistence of Innovation Stylised Facts and Panel Data Evidence," DRUID Working Papers 06-30, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    6. Carlota Perez, 2009. "The double bubble at the turn of the century: technological roots and structural implications," Cambridge Journal of Economics, Oxford University Press, vol. 33(4), pages 779-805, July.
    7. Emmanuel Duguet & Stéphanie Monjon, 2004. "Is innovation persistent at the firm Level . An econometric examination comparing the propensity score and regression methods," Cahiers de la Maison des Sciences Economiques v04075, Université Panthéon-Sorbonne (Paris 1).
    8. Malerba, Franco & Orsenigo, Luigi, 1995. "Schumpeterian Patterns of Innovation," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 47-65, February.
    9. Geroski, P. A. & Van Reenen, J. & Walters, C. F., 1997. "How persistently do firms innovate?," Research Policy, Elsevier, vol. 26(1), pages 33-48, March.
    10. Marion Frenz & Martha Prevezer, 2012. "What Can CIS Data Tell Us about Technological Regimes and Persistence of Innovation?," Industry and Innovation, Taylor & Francis Journals, vol. 19(4), pages 285-306, May.
    11. K. Pavitt & M. Robson & J. Townsend, 1989. "Technological Accumulation, Diversification and Organisation in UK Companies, 1945--1983," Management Science, INFORMS, vol. 35(1), pages 81-99, January.
    12. Roberto Alvarez & Jose Miguel Benavente & Gustavo Crespi, 2010. "Economic crisis and organisational change in developing countries: evidence from Chile," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 3(1), pages 67-86.
    13. Roper, Stephen & Hewitt-Dundas, Nola, 2008. "Innovation persistence: Survey and case-study evidence," Research Policy, Elsevier, vol. 37(1), pages 149-162, February.
    14. Dosi, Giovanni, 1993. "Technological paradigms and technological trajectories : A suggested interpretation of the determinants and directions of technical change," Research Policy, Elsevier, vol. 22(2), pages 102-103, April.
    15. Malerba, Franco & Orsenigo, Luigi, 1997. "Technological Regimes and Sectoral Patterns of Innovative Activities," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 83-117.
    16. Antonelli, Cristiano, 1997. "The economics of path-dependence in industrial organization," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 643-675, October.
    17. Filippetti, Andrea & Archibugi, Daniele, 2011. "Innovation in times of crisis: National Systems of Innovation, structure, and demand," Research Policy, Elsevier, vol. 40(2), pages 179-192, March.
    18. Breschi, Stefano & Malerba, Franco & Orsenigo, Luigi, 2000. "Technological Regimes and Schumpeterian Patterns of Innovation," Economic Journal, Royal Economic Society, vol. 110(463), pages 388-410, April.
    19. Daniele Archibugi & Francesco Crespi & Mario Denni & Andrea Filippetti, 2009. "The Technological Capabilities of Nations: A Survey of Composite Indicators," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, May.
    20. Paunov, Caroline, 2012. "The global crisis and firms’ investments in innovation," Research Policy, Elsevier, vol. 41(1), pages 24-35.
    21. Evangelista, Rinaldo & Vezzani, Antonio, 2010. "The economic impact of technological and organizational innovations. A firm-level analysis," Research Policy, Elsevier, vol. 39(10), pages 1253-1263, December.
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