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Where there is a will, there is a way? Assessing the impact of obstacles to innovation

Listed author(s):
  • Pierre Blanchard
  • Jean Pierre Huiban
  • Antonio Musolesi

    (GAEL - Laboratoire d'Economie Appliquée de Grenoble - Institut national de la recherche agronomique (INRA) - Université Grenoble Alpes - Grenoble 2)

  • Patrick Sevestre

The aim of this article is to assess the impact of obstacles to innovation on firms' propensity to innovate. We show that distinguishing between firms that do not innovate because they do not intend to and firms that try but fail or give up because of insurmountable obstacles is key for properly measuring the impact of the barriers to innovation. Estimating an innovation production function on appropriately defined subsamples allows obtaining consistent results, i.e. a significant and negative impact of the obstacles to innovation on firms' propensity to innovate. These results are robust to the definition of these subsamples, to the way "obstacles to innovation" are defined, as well as to the distinction between financial and nonfinancial obstacles.

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Paper provided by HAL in its series Post-Print with number hal-01064095.

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Date of creation: 2013
Publication status: Published in Industrial and Corporate Change, Oxford University Press (OUP), 2013, 22 (3), pp.679-710. <10.1093/icc/dts027>
Handle: RePEc:hal:journl:hal-01064095
DOI: 10.1093/icc/dts027
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-01064095
Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

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