Differential empirical innovation factors for Spain and the UK

Harris, R.; Mate, M.

Abstract

This study considers the role of national differences, derived from structural characteristics in each country, and how they impact on companies’ innovation. To do this we include in a firm-level empirical model of innovation traditional factors impacting on innovation, and measure any differences in these determinants between two countries: the UK (comprising more advanced regions) and Spain (which belongs to the “follower” groups of countries in Europe). Using the European Community Innovation Surveys (CIS4), we select two samples comprising private manufacturing firms and estimate a two-step Heckman model to explain firms’ innovation. Our results suggest that Spanish firms are at a different stage, with Spain lagging behind the UK in terms of being able to benefit from R&D. Thus in Spain, we find that public support is more important in promoting innovation activities; whereas linkages with international markets are more important for companies in the UK. Based on our results, we would argue that in order to reduce the technological gap between these two countries regional policies to promote innovation in Spain should concentrate more on the promotion of market relationships between co-located firms; while a greater exposure to internationalisation would benefit both countries.

Citation

Harris, R., & Mate, M. (2014). Differential empirical innovation factors for Spain and the UK. Research Policy, 43(2), 451-461. https://doi.org/10.1016/j.respol.2013.10.013

• Journal Article Type: Article
• Acceptance Date: Oct 27, 2013
• Online Publication Date: Dec 8, 2013
• Publication Date: Mar 1, 2014
• Deposit Date: May 30, 2014
• Publicly Available Date: Jul 10, 2014
• Journal: Research Policy
• Print ISSN: 0048-7333
• Electronic ISSN: 1873-7625
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 43
• Issue: 2
• Pages: 451-461
• DOI: https://doi.org/10.1016/j.respol.2013.10.013
• Keywords: Innovation, Regional policies, Industrial companies, National innovation systems, Advanced and retarded regions.
• Public URL: https://durham-repository.worktribe.com/output/1461173