External R&D, product and process innovation in European manufacturing companies

Giuseppe Medda

The Journal of Technology Transfer, 2020, vol. 45, issue 1, No 15, 339-369

Abstract: Abstract We assess the relationship between firms’ Research and Development expenditures over sales and innovation output, measured by three dummies indicating whether firms have introduced any product innovation, process innovation or both types of innovations together. In particular, we estimate the impact that external sources of R&D may have on different kind of innovations, differentiating between R&D supplied by universities and other research centers, on one side, and other companies, on the other. We base our empirical analysis on a large and representative sample of European manufacturing companies from France, Germany, Italy, Spain, and the UK. Treating R&D intensity as an endogenous variable, we find that (1) R&D intensity has a positive and significant effect on the probability to introduce product innovations, process innovations, or both innovations together; (2) the share of R&D acquired from external sources has a positive impact on process innovation, and on the probability to introduce product and process innovation together, but not on product innovation alone; (3) the share of external R&D supplied by universities has a positive and significant effect on product innovation, but no correlation has been found with process innovation, while R&D acquired from other companies have a positive impact on process innovation but not on product innovation.

Keywords: External R&D; Product innovation; Process innovation; IV model (search for similar items in EconPapers)
JEL-codes: C36 L60 O31 O32 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://link.springer.com/10.1007/s10961-018-9682-4 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jtecht:v:45:y:2020:i:1:d:10.1007_s10961-018-9682-4

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10961/PS2

DOI: 10.1007/s10961-018-9682-4

Access Statistics for this article

The Journal of Technology Transfer is currently edited by Albert N. Link, Donald S. Siegel, Barry Bozeman and Simon Mosey

More articles in The Journal of Technology Transfer from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().