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The role of firm R&D effort and collaboration as mediating drivers of innovation policy effectiveness

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  • Giovanni Cerulli
  • Roberto Gabriele
  • Bianca Potì

Abstract

This paper investigates the impact of firm R&D policies supporting R&D investment and collaboration on company innovation performance. Individual and cooperative R&D investments are considered as intermediate outcomes (input and behavioural additionality, respectively) contributing to the final outcome (probability of product innovation). We use a treatment random coefficient model to estimate the policy additionality on a panel data-set merging the third and the fourth wave of the Italian Community Innovation Survey. Results show a significant and positive policy impact on company propensity to product innovation only for the input additionality and for the interaction between the input and the cooperative additionality. This occurs when company cooperation scores overcome a given threshold, in accordance with the assumption that cooperation entails benefits but also coordination costs.

Suggested Citation

  • Giovanni Cerulli & Roberto Gabriele & Bianca Potì, 2016. "The role of firm R&D effort and collaboration as mediating drivers of innovation policy effectiveness," Industry and Innovation, Taylor & Francis Journals, vol. 23(5), pages 426-447, July.
    • Handle: RePEc:taf:indinn:v:23:y:2016:i:5:p:426-447
    DOI: 10.1080/13662716.2016.1169159
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    1. Crespi, Gustavo & Figal Garone, Lucas & Maffioli, Alessandro & Stein, Ernesto, 2020. "Public support to R&D, productivity, and spillover effects: Firm-level evidence from Chile," World Development, Elsevier, vol. 130(C).
    2. Chapman, Gary & Lucena, Abel & Afcha, Sergio, 2018. "R&D subsidies & external collaborative breadth: Differential gains and the role of collaboration experience," Research Policy, Elsevier, vol. 47(3), pages 623-636.
    3. Chiara Bocci & Annalisa Caloffi & Marco Mariani & Alessandro Sterlacchini, 2020. "Evaluating Public Supports to the Investment Activities of Business Firms: A Multilevel Meta-Regression Analysis of Italian Studies," Papers 2006.01880, arXiv.org.
    4. Bianchi, Mattia & Murtinu, Samuele & Scalera, Vittoria G., 2019. "R&D Subsidies as Dual Signals in Technological Collaborations," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    5. Cantabene, Claudia & grassi, iacopo, 2018. "R&D cooperation in SMEs: the direct effect and the moderating role of human capital," MPRA Paper 87925, University Library of Munich, Germany.

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