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R&D-Experience And Innovation Success

Author

Listed:
  • Pilar Beneito

    () (Universitat de València)

  • Amparo Sanchis Llopis

    (Universitat de València)

  • María Engracia. Rochina Barrachina

    (Universitat de València)

Abstract

This paper analyses the role of firms' R&D-experience in their innovative success using a representative sample of Spanish firms for the period 1990-2002. Using count data models and within an innovation production function approach, we investigate the influence of firms' R&D-experience in the achievement of innovative results. To estimate R&D-experience, partially unobserved, we estimate a duration model and use the obtained results and a non-parametric procedure to impute R&D-experience when unobserved. We obtain that R&D effectiveness increases along the R&D history of the firm. En este trabajo se analiza el papel de la experiencia en actividades de I+D sobre el éxito innovador de las empresas utilizando una muestra representativa de empresas españolas para el periodo 1990-2002. Mediante modelos de recuento (count-data models) y partiendo de la especificación de una función de producción de innovaciones, investigamos la influencia de la experiencia en I+D en la obtención de resultados innovadores. Para estimar la experiencia en I+D, que es parcialmente inobservable, estimamos un modelo de duración y utilizamos los resultados obtenidos en este modelo y un procedimiento no paramétrico para imputar la experiencia en I+D a aquellas empresas para las que no se observa. Nuestros resultados muestran que la efectividad de la inversión en I+D aumenta con el historial innovador de la empresa.

Suggested Citation

  • Pilar Beneito & Amparo Sanchis Llopis & María Engracia. Rochina Barrachina, 2007. "R&D-Experience And Innovation Success," Working Papers. Serie EC 2007-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasec:2007-10
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    File URL: http://www.ivie.es/downloads/docs/wpasec/wpasec-2007-10.pdf
    File Function: Fisrt version / Primera version, 2007
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    Cited by:

    1. Beneito, Pilar & Rochina-Barrachina, María Engracia & Sanchis, Amparo, 2014. "Learning through experience in Research & Development: An empirical analysis with Spanish firms," Technological Forecasting and Social Change, Elsevier, vol. 88(C), pages 290-305.

    More about this item

    Keywords

    Innovación; acumulación del conocimiento; experiencia en I+D; modelos de duración; modelos de recuento innovation; accumulation of knowledge; R&D-experience; duration models; count data models.;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

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