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The Impact of Cooperation on R&D, Innovation and Productivity: an Analysis of Spanish Manufacturing and Services Firms

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  • Fernández Gual, Verónica
  • Segarra Blasco, Agustí, 1958-
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    Abstract

    This paper investigates relationships between cooperation, R&D, innovation and productivity in Spanish firms. It uses a large sample of firm-level micro-data and applies an extended structural model that aims to explain the effects of cooperation on R&D investment, of R&D investment on output innovation, and of innovation on firms’ productivity levels. It also analyses the determinants of R&D cooperation. Firms’ technology level is taken into account in order to analyse the differences between high-tech and low-tech firms, both in the industrial and service sectors. The database used was the Technological Innovation Panel (PITEC) for the period 2004-2010. Empirical results show that firms which cooperate in innovative activities are more likely to invest in R&D in subsequent years. As expected, R&D investment has a positive impact on the probability of generating an innovation, in terms of both product and process, for manufacturing firms. Finally, innovation output has a positive impact on firms’ productivity, being greater in process innovations. Keywords: innovation sources; productivity; R&D Cooperation

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    Bibliographic Info

    Paper provided by Universitat Rovira i Virgili, Department of Economics in its series Working Papers with number 2072/220761.

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    Date of creation: 2013
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    Handle: RePEc:urv:wpaper:2072/220761

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    Keywords: Tecnologia -- Innovacions; Indústria -- Productivitat; Investigació industrial; 338 - Situació econòmica. Política econòmica. Gestió; control i planificació de l'economia. Producció. Serveis. Turisme. Preus;

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    1. Bruno Crepon & Emmanuel Duguet & Jacques Mairessec, 1998. "Research, Innovation And Productivi[Ty: An Econometric Analysis At The Firm Level," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 7(2), pages 115-158.
    2. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 99(397), pages 569-96, September.
    3. Janz, Norbert & Lööf, Hans & Peters, Bettina, 2004. "Firm Level Innovation and Productivity - Is there a Common Story Across Countries?," Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies 24, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    4. Zvi Griliches, 1979. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," Bell Journal of Economics, The RAND Corporation, The RAND Corporation, vol. 10(1), pages 92-116, Spring.
    5. Fritsch, Michael & Lukas, Rolf, 1998. "Who Cooperates on R&D?," Freiberg Working Papers 1998,12, TU Bergakademie Freiberg, Faculty of Economics and Business Administration.
    6. AMIR, Rabah & EVSTIGNEEV, Igor & WOODERS, John, 2001. "Noncooperative versus cooperative R&D with endogenous spillover rates," CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) 2001050, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    7. Lopez, Alberto, 2008. "Determinants of R&D cooperation: Evidence from Spanish manufacturing firms," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 26(1), pages 113-136, January.
    8. José Miguel Benavente, 2002. "The Role of Research and Innovation in Promoting Productivity in Chile," Working Papers, University of Chile, Department of Economics wp200, University of Chile, Department of Economics.
    9. Jacques MAIRESSE & Pierre MOHNEN & Yanyun ZHAO & Feng ZHEN, 2012. "Globalization, Innovation and Productivity in Manufacturing Firms: A Study of Four Sectors of China," Working Papers, Economic Research Institute for ASEAN and East Asia (ERIA) DP-2012-10, Economic Research Institute for ASEAN and East Asia (ERIA).
    10. Miotti, Luis & Sachwald, Frederique, 2003. "Co-operative R&D: why and with whom?: An integrated framework of analysis," Research Policy, Elsevier, Elsevier, vol. 32(8), pages 1481-1499, September.
    11. Shantanu Dutta & Allen M. Weiss, 1997. "The Relationship Between a Firm's Level of Technological Innovativeness and Its Pattern of Partnership Agreements," Management Science, INFORMS, INFORMS, vol. 43(3), pages 343-356, March.
    12. Lööf, Hans & Heshmati, Almas, 2001. "On the Relationship between Innovation and Performance: A sensitivity Analysis," Working Paper Series in Economics and Finance 0446, Stockholm School of Economics, revised 01 Oct 2001.
    13. Belderbos,René & Carree,Martin & Lokshin,Boris, 2004. "Cooperative R&D and Firm Performance," Research Memorandum 022, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    14. Kamien, Morton I. & Zang, Israel, 2000. "Meet me halfway: research joint ventures and absorptive capacity," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 18(7), pages 995-1012, October.
    15. Bengt-ake Lundvall & Bjorn Johnson, 1994. "The Learning Economy," Industry and Innovation, Taylor & Francis Journals, Taylor & Francis Journals, vol. 1(2), pages 23-42.
    16. Kamien, Morton I & Muller, Eitan & Zang, Israel, 1992. "Research Joint Ventures and R&D Cartels," American Economic Review, American Economic Association, American Economic Association, vol. 82(5), pages 1293-306, December.
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