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R&D determinants: Accounting for the differences between research and development

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  • Barge-Gil, Andrés
  • López, Alberto

Abstract

The determinants of R&D are an important topic of innovation studies. The classical Schumpeterian hypotheses about the influence of size and market power have been complemented with the role played by industry determinants, such as demand pull, technological opportunity and appropriability, in determining R&D investments. However, R&D has always been considered as a whole, even though research and development activities differ in many aspects. We take advantage of a new panel database of innovative Spanish firms (PITEC) to distinguish between research and development efforts of firms. We analyze the differentiated role played by traditional R&D determinants in driving research and development. Results show that demand pull and appropriability have a higher effect on development, while technological opportunity is more influential for research. Differences are statistically significant, important in magnitude, and robust to the use of different indicators for demand pull, technological opportunity and appropriability, and to several robustness checks.

Suggested Citation

  • Barge-Gil, Andrés & López, Alberto, 2014. "R&D determinants: Accounting for the differences between research and development," Research Policy, Elsevier, vol. 43(9), pages 1634-1648.
  • Handle: RePEc:eee:respol:v:43:y:2014:i:9:p:1634-1648
    DOI: 10.1016/j.respol.2014.04.017
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    Cited by:

    1. Jové Llopis, Elisenda & Segarra Blasco, Agustí, 1958-, 2015. "Innovation success: What is the role of innovation strategies?," Working Papers 2072/260961, Universitat Rovira i Virgili, Department of Economics.
    2. repec:eee:respol:v:46:y:2017:i:9:p:1570-1579 is not listed on IDEAS
    3. André Spithoven, Belgian Science Policy Office and Ghent University & Michel Dumont & Peter Teirlinck, Belgian Science Policy Office and KU Leuven, 2014. "Working Paper 08-14 - Public support for R&D and the educational mix of R&D employees," Working Papers 1408, Federal Planning Bureau, Belgium.
    4. Pilar Bernal & Juan P. Maicas & Pilar Vargas, 2016. "Exploration, exploitation and innovation performance: Disentangling environmental dynamism," Documentos de Trabajo dt2016-03, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    5. Michel Dumont & André Spithoven & Peter Teirlinck, 2016. "Public Support for R&D and the Educational Mix of R&D Employees," CESifo Economic Studies, CESifo, vol. 62(3), pages 426-452.

    More about this item

    Keywords

    R&D determinants; Schumpeterian hypotheses; Demand pull; Technological opportunity; Appropriability;

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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