IDEAS home Printed from https://ideas.repec.org/p/mde/wpaper/0098.html
   My bibliography  Save this paper

Innovation and the economic downturn: Insights from Portuguese firms

Author

Listed:
  • Hugo Pinto

    (Centre for Social Studies, University of Coimbra, Coimbra, Portugal / Faculty of Economics, University of Algarve, Faro, Portugal)

  • Tiago Santos Pereira

    (Centre for Social Studies, University of Coimbra, Coimbra, Portugal)

  • Elvira Uyarra

    (Manchester Institute of Innovation Research, Alliance Manchester Business School, University of Manchester, Manchester, UK)

Abstract

Recent research has found evidence of a variety of business profiles regarding innovation during the economic downturn. Several studies reported that firms were reducing or abandoning innovation activities and dropping related expenses while other authors have found that some firms are exploring the economic turbulence as an opportunity for creative destruction and to gain competitive advantage. This article explores the data collected from the last waves of CIS (Community Innovation Survey) in Portugal (2006-2008-2010-2012) to understand the changes in the determinants of the development of innovation activities, product and process innovation, before, during and in the peak of the crisis. The empirical study presents limited dependent variable models to analyse the relevance of structural factors, absorptive capacity and strategic variables in the different periods. The article concludes with implications for the behaviour of firms and innovation resilience.

Suggested Citation

  • Hugo Pinto & Tiago Santos Pereira & Elvira Uyarra, 2018. "Innovation and the economic downturn: Insights from Portuguese firms," GEE Papers 0098, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Mar 2018.
    • Handle: RePEc:mde:wpaper:0098
    as

    Download full text from publisher

    File URL: https://www.gee.gov.pt//RePEc/WorkingPapers/GEE_PAPERS_98.pdf
    File Function: First version, 2018
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    CIS; crisis; exploitation; exploration; innovation; persistence; resilience;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:mde:wpaper:0098. 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: Joana Almodovar (email available below). General contact details of provider: https://edirc.repec.org/data/geegvpt.html .

    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.