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External ownership and innovation in the United Kingdom

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  • Paul Bishop
  • Nick Wiseman

Abstract

This paper examines the impact of ownership and a variety of other variables on the likelihood of innovation and the presence of an R&D function within a national sample of UK defence related firms. It is shown that foreign ownership has a negative indirect impact upon innovation. Mixed support is found for the Schumpeterian approach to innovation. Involvement in export markets, technological opportunity and R&D collaboration are shown to have a positive impact on innovation.

Suggested Citation

  • Paul Bishop & Nick Wiseman, 1999. "External ownership and innovation in the United Kingdom," Applied Economics, Taylor & Francis Journals, vol. 31(4), pages 443-450.
    • Handle: RePEc:taf:applec:v:31:y:1999:i:4:p:443-450
    DOI: 10.1080/000368499324156
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    Citations

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    Cited by:

    1. Paul Bishop & Peter Gripaios, 2007. "Explaining Spatial Patterns of Industrial Diversity: An Analysis of Sub-regions in Great Britain," Urban Studies, Urban Studies Journal Limited, vol. 44(9), pages 1739-1757, August.
    2. Richard Harris & John Moffat, 2011. "R&D, Innovation and Exporting," SERC Discussion Papers 0073, Centre for Economic Performance, LSE.
    3. Dhamvithee, Pisit & Shankar, Bhavani & Jangchud, Anuvat & Wuttijumnong, Phaisarn, 2005. "New Product Development in Thai Agro-Industry: Explaining the Rates of Innovation and Success in Innovation," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 8(3), pages 1-20.
    4. R Harris & Q Li, "undated". "Exporting, R&D and Absorptive Capacity in UK Establishments: Evidence from the 2001 Community Innovation Survey," Working Papers 2006_19, Business School - Economics, University of Glasgow.
    5. Stephan Brunow & Valentina Nafts, 2013. "What types of firms tend to be more innovative: A study on Germany," Norface Discussion Paper Series 2013021, Norface Research Programme on Migration, Department of Economics, University College London.
    6. Dziallas, Marisa & Blind, Knut, 2019. "Innovation indicators throughout the innovation process: An extensive literature analysis," Technovation, Elsevier, vol. 80, pages 3-29.
    7. Hoang, Ngoc & Nahm, Daehoon & Dobbie, Michael, 2021. "Innovation, gender, and labour productivity: Small and medium enterprises in Vietnam," World Development, Elsevier, vol. 146(C).
    8. Chen, Yan & Zhang, Bin, 2013. "基于所有权视角的企业创新理论框架与体系 [The Theoretical Framework and System of Innovation within Enterprises: Based on the Perspective of Ownership]," MPRA Paper 47078, University Library of Munich, Germany.
    9. Ortega-Argilés , Raquel & Moreno, Rosina, 2009. "Evidence on the role of ownership structure on firms’ innovative performance," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 15, pages 231-250.
    10. Christopher F. Baum & Mustafa Caglayan & Oleksandr Talavera, 2016. "R&D Expenditures and Geographical Sales Diversification," Manchester School, University of Manchester, vol. 84(2), pages 197-221, March.
    11. Calvin Jones & Max Munday, 2020. "Capital ownership, innovation and regional development policy in the economic periphery: An energy industry case," Local Economy, London South Bank University, vol. 35(6), pages 545-565, September.
    12. Noori, Javad & Bagheri Nasrabadi, Mahdi & Yazdi, Najmoddin & Babakhan, Ali Reza, 2017. "Innovative performance of Iranian knowledge-based firms: Large firms or SMEs?," Technological Forecasting and Social Change, Elsevier, vol. 122(C), pages 179-185.
    13. Bettina Peters, 2009. "Persistence of innovation: stylised facts and panel data evidence," The Journal of Technology Transfer, Springer, vol. 34(2), pages 226-243, April.
    14. Mark Rogers, 2000. "Understanding Innovative Firms: An Empirical Analysis of the GAPS," Melbourne Institute Working Paper Series wp2000n08, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    15. Almodóvar, Paloma & Nguyen, Quyen T.K. & Verbeke, Alain, 2021. "An integrative approach to international inbound sources of firm-level innovation," Journal of World Business, Elsevier, vol. 56(3).
    16. Gao, Jingyi & Han, Caizhen, 2021. "Does foreign equity matter for pollution? Firm-level evidence from China," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 205-214.
    17. Sunyoung Park, 2019. "Identification of Overall Innovation Behavior by Using a Decision Tree: The Case of a Korean Manufacturer," Sustainability, MDPI, vol. 11(22), pages 1-54, November.
    18. Kamel Mellahi & Adrian Wilkinson, 2010. "A Study of the Association between Level of Slack Reduction Following Downsizing and Innovation Output," Journal of Management Studies, Wiley Blackwell, vol. 47(3), pages 483-508, May.
    19. Lijing Tong & Ningyue Liu & Min Zhang & Liming Wang, 2018. "Employee Protection and Corporate Innovation: Empirical Evidence from China," Journal of Business Ethics, Springer, vol. 153(2), pages 569-589, December.

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