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Innovation input and innovation output: differences among sectors

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Abstract

This research investigates deals with the impact of various innovation activities on innovation output by using Spanish CIS3 data on 3,247 innovative firms and applying several Knowledge Production Functions. It is confirmed that different innovation activities lead to differences in both the propensity to innovate and innovation output, depending on the technological characteristics a firm has. In general, internal R&D leads to product innovation, while machinery acquisition leads to process innovation. Size, group belonging and protection of innovations are important determinants for innovation output, but show either a positive or negative relation, depending again on the firm's innovation strategy.

Suggested Citation

  • Lesley Potters, 2009. "Innovation input and innovation output: differences among sectors," JRC Working Papers on Corporate R&D and Innovation 2009-10, Joint Research Centre.
    • Handle: RePEc:ipt:wpaper:200910
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    Cited by:

    1. Zhang, Dongyang & Guo, Rui & He, Xiaodan, 2022. "How does the exclusive license stimulate firm’s subsequent innovation? The role of innovation financial input," Research in International Business and Finance, Elsevier, vol. 60(C).
    2. Mayank Pant & Amarpreet Singh Virdi & D. S. Chaubey, 2020. "Examining the Effect of Marketing Innovations on GPMA: A Study Using the PLS–SEM Approach," Global Business Review, International Management Institute, vol. 21(4), pages 1025-1036, August.

    More about this item

    Keywords

    R&D; innovation; Knowledge Production Function; double sample selection;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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