IDEAS home Printed from https://ideas.repec.org/a/taf/eurpls/v24y2016i10p1863-1883.html
   My bibliography  Save this article

Persistence of innovative activities in times of crisis: the case of the Basque Country

Author

Listed:
  • Adelheid Holl
  • Ruth Rama

Abstract

By drawing on a large sample of Spanish manufacturing and service sector firms, the changes in firms’ innovation expenditures that have taken place since the onset of the 2008 economic crisis are analysed, as is the relationship between such changes and the location of the company. Special focus is placed on firms in the Basque Country. Compared to other Spanish regions, the Basque Country differs in terms of its fiscal status, its earlier experience of crises, its innovation performance and its greater focus on innovation-related policies. Our results show that the impact of the crisis on firms’ innovation expenditures in the Basque Country has indeed differed from that in comparable Spanish regions. Even after controlling for sectoral differences and for detailed characteristics at the firm level, firms with R&D employment in the Basque Country showed a significantly lower probability of abandoning innovation activities and even a somewhat higher probability of increasing their innovation efforts. This regional effect is especially significant for small and medium-sized enterprises.

Suggested Citation

  • Adelheid Holl & Ruth Rama, 2016. "Persistence of innovative activities in times of crisis: the case of the Basque Country," European Planning Studies, Taylor & Francis Journals, vol. 24(10), pages 1863-1883, October.
  • Handle: RePEc:taf:eurpls:v:24:y:2016:i:10:p:1863-1883
    DOI: 10.1080/09654313.2016.1204426
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09654313.2016.1204426
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/09654313.2016.1204426?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adelheid Holl & Bettina Peters & Christian Rammer, 2023. "Local knowledge spillovers and innovation persistence of firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 32(6), pages 826-850, August.
    2. Eric Hansen & Erlend Nybakk, 2018. "Response to the global financial crisis: a follow-up study," Journal of Innovation and Entrepreneurship, Springer, vol. 7(1), pages 1-12, December.
    3. Hao-Chen Huang & Hsin-Yin Chang & Ting-Hsiu Liao, 2023. "Analyzing the Impact of the Labor Market on Company Location Selection Using Spatial Econometric Models," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 13(6), pages 1-9.
    4. Antonio García-Sánchez & Ruth Rama, 2024. "New challenges in European innovation partnerships: SOEs, POEs and foreign MNEs during crises," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 14(4), pages 1053-1092, December.
    5. Azagra-Caro, Joaquín M. & Tijssen, Robert J.W. & Tur, Elena M. & Yegros-Yegros, Alfredo, 2019. "University-industry scientific production and the Great Recession," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 210-220.
    6. Adelheid Holl & Catalina Martínez & Clara Casado, 2024. "The Changing Geography of Innovation: Comparing Urban, Suburban and Rural Areas," Growth and Change, Wiley Blackwell, vol. 55(4), December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eurpls:v:24:y:2016:i:10:p:1863-1883. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CEPS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.