The innovation returns to internal and external R&D experience

  1. Pilar Beneito 1
  2. María Engracia Rochina Barrachina 1
  3. Amparo Sanchis Llopis 1
  1. 1 Universitat de València (ESP)
Zeitschrift:
Cuadernos económicos de ICE

ISSN: 0210-2633 2340-9037

Datum der Publikation: 2015

Titel der Ausgabe: Contribuciones a la economía de la innovación: análisis de la I+D+i empresarial

Nummer: 89

Seiten: 61-84

Art: Artikel

DOI: 10.32796/CICE.2015.89.6095 DIALNET GOOGLE SCHOLAR lock_openOpen Access editor

Andere Publikationen in: Cuadernos económicos de ICE

Zusammenfassung

This paper analyses the role of learning in firms’ innovation success distinguishing between learning arising from the internal organization of R&D activities and learning from externally contracting these activities. We use a representative sample of Spanish manufacturing firms for the period 1990-2006, and within an innovation production function approach, we estimate count data models to investigate the influence of firms’ internal R&D experience as compared to experience from externally contracted R&D in the achievement of product innovations. Our results show that learning is important when firms organize R&D activities internally. However, experience from externally contracted R&D activities does not seem to influence the number of product innovations, if not accompanied by internal R&D activities.

Bibliographische Referenzen

  • Acs, Z.J. andAudretsch, D.B.(1989). «Patents as a measure ofinnovative activity». Kyklos, 42(2), 171-80.
  • Bahk, B. H. and Gort, M. (1993). «Decomposing learning-by-doing in new plants». Journal of Political Economy, 101, 561-583.
  • Beneito, P.(2003). «Choosing among alternative technologicalstrategies: an empirical analysis of formal sources of innovation». Research Policy, 32, 693-713.
  • Beneito, P. (2006). «The innovative performance of in-house and contracted R&D in terms of patents and utility models». Research Policy, 35, 502-517.
  • Beneito, P., Rochina Barrachina, M.E. and Sanchis, A. (2011). «La experiencia en I+D como factor determinante de la innovación». Papeles de Economía Española, 127, 89-104.
  • Beneito, P., Rochina-Barrachina, M.E. and Sanchis, A. (2014). «Learning through experience in Research and Development: an empirical analysis with Spanish firms», Technological Forecasting & Social Change, 88, 290-305.
  • Bound,J.,Cummins,C., Griliches,Z., Hall,B.H. and Jaffe,A.(1984). «Who does R&D and who patents?», in Z. Griliches (ed.), R&D, Patents and Productivity, Cambridge, University of Chigaco Press, 21-54.
  • Branstetter, L. (1996). «Are knowledge spillovers international or intranational in scope? Microeconometric evidence from the U.S. and Japan», NBER Working Paper Series, No. 5800.
  • Cameron, A.C. and Trivedi, P.K. (1998). Regresion Analysis for Count Data, Cambridge: Cambridge University Press.
  • Cefis, E. (2003). «Is there persistence in innovative activities?». International Journal of Industrial Organization, 21, 489-515.
  • Cohen, W.M. and Levinthal, D.A. (1989). «Innovation and learning: the two faces of R&D». The Economic Journal, 99, 569-596.
  • Cohen,W.M. andLevinthal, D.A.(1990). «Absorptive capacity: a new perspective on learning and innovation». Administrative Science Quarterly, 35, 128-152.
  • Crépon, B., Duguet, E. and Mairesse, J. (1998). «Research, innovation and productivity: an econometric analysis at the firm level». NBER Working Paper Series 6696.
  • Hummels, D. y Klenow, P.(2005). «The Variety and Quality of a Nation’s Exports». American Economic Review, 95, 704-723
  • Dosi, G. and Marengo, L. (1993). «Some elements of an evolutionary theory of organizational competences», in R. W. England (ed.), Evolutionary Concepts in Contemporary Economics, University of Michigan Press, Ann Arbor.
  • Dosi, G. and Marengo, L. (2007). «On the evolutionary and behavioural theories of organizations: a tentative roadmap», Organization Science, 18, 491-502.
  • Geroski, P.A., Van Reenen, J. and Walters, C.F. (1997). «How persistently do firms innovate?». Research Policy, 26, 33-48.
  • Griliches, Z. (1979). «Issues in assessing the contribution of R&D to productivity growth». Bell Journal of Economics, 10, 92-116.
  • Griliches, Z. (1990). «Patent statistics as economic indicators: a survey». Journal of Economic Literature, 28, 1661-1707.
  • Gurmu, S. (1997). «Semi-parametric estimation of hurdle regression models with an application to medic aid utilizations». Journal of Applied Econometrics, 12: 225-242.
  • Hall, B.H., Griliches, Z. and Hausman, J. (1986). «Patents and R&D: is there a lag?». International Economic Review 27(2), 265-283.
  • Hall, B.H. and Mairesse, J. (1995). «Exploring the relationship between R&D and productivity in French manufacturing firms». Journal of Econometrics, 65, 263-293.
  • Hausman, J., Hall, B.H. and Griliches, Z. (1984). «Econometric models for count data with and application to the patents-R&D relationship». Econometrica, 52(4), 354-383.
  • Henderson, R. and Cockburn, I. (1993). «Scale, scope and spillovers: the determinants of research productivity in the pharmaceutical industry». NBER Working Paper Series 4466.
  • Jovanovic, B. and Nyarko, Y. (1995). «A Bayesian learning model fitted to a variety of empirical learning curves». Brookings Papers on Economic Activity, 247- 299.
  • Klomp, L. and van Leeuwen, G. (2001). «Linking innovation and firm performance». International Journal of the Economics of Business, 8(3), 343-364.
  • Kremp, E. and Mairesse, J. (2004). «Knowledge management, innovation and productivity: a firm level exploration based on French manufacturing CIS3 data». NEBR Working Paper 10237, Cambridge, MA.
  • Lööf, H. and Heshmati, A. (2001). «Knowledge capital and performance heterogeneity: a firm level innovation study». International Journal of Production Economics, 0, 1-25.
  • Mairesse, J. and Mohnen, P. (2005). «The importance of R&D for innovation: a reassessment using French survey data». The Journal of Technology Transfer, 30(1-2), 183-197.
  • Malerba, F., Orsenigo, L. and Peretto, P. (1997). «Persistence of innovative activities’,sectoral patterns ofinnovation and international technologicalspecialization». International Journal of Industrial Organization, 15, 801-826.
  • Máñez,J.A.,Rochina-Barrachina,M.,Sanchis-Llopis,A. and SanchisLlopis, J.A. (2009). «The role of sunk cost in the decision to invest in R&D». Journal of Industrial Economics, 57(4), 712-735.
  • Mowery, D.C. (1983). «The relationship between intrafirm and contractual forms of industrial research in American manufacturing, 1900-1940». Explorations in Economic History, 20, 351-374.
  • Nelson, R.R. (1982). «The role of knowledge in R&D efficiency». Quarterly Journal of Economics, 97, 453-470.
  • Nelson, R. and Winter, S. (1982). An Evolutionary Theory of Economic Change, Cambridge, Harvard University Press.
  • Newell, A. and Simon, H.A. (1972). Human Problem Solving, Prentice Hall, Englewood Cliffs, NJ.
  • Pakes, A. and Griliches, Z. (1984). «Patents and R&D at the firm level: a first look», in Z. Griliches (ed.), R&D, Patents and Productivity, Cambridge: University of Chigaco Press, 55-72.
  • Pavitt, K. (1984). «Sectoral patterns of technological change: towards a taxonomy and a theory». Research Policy, 13, 343-373.
  • Peters, B. (2007). «Persistence in innovation: stylised facts and panel data evidence». Journal of Technological Transfer, forthcoming.
  • Rosenberg, N. (1976). Perspectives on Technology, Cambridge University Press, Cambridge.
  • Smith, K. and Sandven, T. (2001). «Innovation an economic performance at the enterprise level». Innovation and Enterprise Creation: Statistics and Indicators, European Commission, Luxembourg, 106-116.
  • Scherer, F. M. (1965). «Corporate inventive output, profits and growth». Journal of Political Economy, 73 (3), 240-297.
  • Scherer, F. M. (1983). «The propensity to patent». International Journal of Industrial Organization, 1, 107-28.
  • Schmookler, J. (1966). Invention and Economic Growth, Cambridge: Harvard University Press.
  • Vuong, Q. (1989). «Likelihood ratio tests for model selection and nonnested hypotheses». Econometrica, 57, 307-333.
  • West,J. and Iansiti, M. (2003). «Experience, experimentation, and the accumulation of knowledge: the evolution of R&D in the semiconductor industry». Research Policy, 32, 809-825.