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The Impact of the Economic Crisis on Innovation: Evidence from Europe

Author

Listed:
  • Daniele Archibugi

    () (Department of Management, Birkbeck College University of London)

  • Andrea Filippetti

    () (Institute for the Study of Regionalism, Federalism and Self-Government)

  • Marion Frenz

    () (Department of Management, Birkbeck College University of London)

Abstract

Building on the Schumpeterian hypotheses of creative destruction and technological accumulation, the paper compares drivers of innovation investment before, during and following on from the onset of the recent economic crisis through the analysis of a fresh survey of European firms.

Suggested Citation

  • Daniele Archibugi & Andrea Filippetti & Marion Frenz, 2012. "The Impact of the Economic Crisis on Innovation: Evidence from Europe," Working Papers 5, Birkbeck Centre for Innovation Management Research, revised Apr 2012.
  • Handle: RePEc:img:wpaper:5
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    References listed on IDEAS

    as
    1. Christensen, Clayton M. & Rosenbloom, Richard S., 1995. "Explaining the attacker's advantage: Technological paradigms, organizational dynamics, and the value network," Research Policy, Elsevier, vol. 24(2), pages 233-257, March.
    2. Elena Cefis & Luigi Orsenigo, 1998. "The Persistence of Innovative Activities. A Cross-Countries and Cross-Sectors Comparative Analysis," Department of Economics Working Papers 9804, Department of Economics, University of Trento, Italia.
    3. Archibugi, Daniele & Filippetti, Andrea & Frenz, Marion, 2013. "Economic crisis and innovation: Is destruction prevailing over accumulation?," Research Policy, Elsevier, vol. 42(2), pages 303-314.
    4. Faïz Gallouj & Maria Savona, 2009. "Innovation in services: a review of the debate and a research agenda," Journal of Evolutionary Economics, Springer, vol. 19(2), pages 149-172, April.
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    14. Filippetti, Andrea & Archibugi, Daniele, 2011. "Innovation in times of crisis: National Systems of Innovation, structure, and demand," Research Policy, Elsevier, vol. 40(2), pages 179-192, March.
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    Cited by:

    1. van Geenhuizen, Marina & Ye, Qing, 2014. "Responsible innovators: open networks on the way to sustainability transitions," Technological Forecasting and Social Change, Elsevier, vol. 87(C), pages 28-40.
    2. repec:eee:tefoso:v:128:y:2018:i:c:p:36-45 is not listed on IDEAS
    3. Steinmueller, W. Edward, 2017. "Science fiction and innovation: A response," Research Policy, Elsevier, vol. 46(3), pages 550-553.
    4. Di Ubaldo, Mattia, 2016. "Firms and trade in downturns," Economics PhD Theses 0416, Department of Economics, University of Sussex.
    5. Cruz-Castro, Laura & Sanz-Menéndez, Luis, 2016. "The effects of the economic crisis on public research: Spanish budgetary policies and research organizations," Technological Forecasting and Social Change, Elsevier, vol. 113(PB), pages 157-167.
    6. Cecile Hoareau & Jo Ritzen & Gabriele Marconi, 2013. "Higher education and economic innovation, a comparison of European countries," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-24, December.
    7. Lee, Neil & Sameen, Hiba & Cowling, Marc, 2015. "Access to finance for innovative SMEs since the financial crisis," Research Policy, Elsevier, vol. 44(2), pages 370-380.
    8. Alfaro Navarro, José-Luis & Andrés Martínez, María-Encarnación & Trinquecoste, Jean-François, 2015. "The effect of the economic crisis on the behaviour of airline ticket prices. A case-study analysis of the New York–Madrid route," Journal of Air Transport Management, Elsevier, vol. 47(C), pages 48-53.
    9. Faria, Lourenço Galvão Diniz & Andersen, Maj Munch, 2017. "Sectoral patterns versus firm-level heterogeneity - The dynamics of eco-innovation strategies in the automotive sector," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 266-281.
    10. Phillips, Fred & Linstone, Hal, 2016. "Key ideas from a 25-year collaboration at technological forecasting & social change," Technological Forecasting and Social Change, Elsevier, vol. 105(C), pages 158-166.
    11. Waters, James, 2014. "Introduction of innovations during the 2007-8 financial crisis: US companies compared with universities," MPRA Paper 59016, University Library of Munich, Germany.
    12. Hud, Martin & Hussinger, Katrin, 2015. "The impact of R&D subsidies during the crisis," Research Policy, Elsevier, vol. 44(10), pages 1844-1855.
    13. Archibugi, Daniele, 2017. "Blade Runner economics: Will innovation lead the economic recovery?," Research Policy, Elsevier, vol. 46(3), pages 535-543.

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