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R&D-Experience And Innovation Success

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  • Pilar Beneito

    ()
    (Universitat de València)

  • Amparo Sanchis Llopis

    (Universitat de València)

  • María Engracia. Rochina Barrachina

    (Universitat de València)

Abstract

This paper analyses the role of firms' R&D-experience in their innovative success using a representative sample of Spanish firms for the period 1990-2002. Using count data models and within an innovation production function approach, we investigate the influence of firms' R&D-experience in the achievement of innovative results. To estimate R&D-experience, partially unobserved, we estimate a duration model and use the obtained results and a non-parametric procedure to impute R&D-experience when unobserved. We obtain that R&D effectiveness increases along the R&D history of the firm. En este trabajo se analiza el papel de la experiencia en actividades de I+D sobre el éxito innovador de las empresas utilizando una muestra representativa de empresas españolas para el periodo 1990-2002. Mediante modelos de recuento (count-data models) y partiendo de la especificación de una función de producción de innovaciones, investigamos la influencia de la experiencia en I+D en la obtención de resultados innovadores. Para estimar la experiencia en I+D, que es parcialmente inobservable, estimamos un modelo de duración y utilizamos los resultados obtenidos en este modelo y un procedimiento no paramétrico para imputar la experiencia en I+D a aquellas empresas para las que no se observa. Nuestros resultados muestran que la efectividad de la inversión en I+D aumenta con el historial innovador de la empresa.

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File URL: http://www.ivie.es/downloads/docs/wpasec/wpasec-2007-10.pdf
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Bibliographic Info

Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie EC with number 2007-10.

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Length: 15 pages
Date of creation: Oct 2007
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasec:2007-10

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Related research

Keywords: Innovación; acumulación del conocimiento; experiencia en I+D; modelos de duración; modelos de recuento innovation; accumulation of knowledge; R&D-experience; duration models; count data models.;

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Cited by:
  1. Pilar Beneito & María E. Rochina-Barrachina & Amparo Sanchis, 2013. "Learning through experience in Research & Development: an empirical analysis with Spanish firms," Working Papers 1302, Department of Applied Economics II, Universidad de Valencia.

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