Where there is a will, there is a way? Assessing the impact of obstacles to innovation

Pierre Blanchard, Jean-Pierre Huiban, Antonio Musolesi () and Patrick Sevestre

Industrial and Corporate Change, 2013, vol. 22, issue 3, 679-710

Abstract: The aim of this article is to assess the impact of obstacles to innovation on firms' propensity to innovate. We show that distinguishing between firms that do not innovate because they do not intend to and firms that try but fail or give up because of insurmountable obstacles is key for properly measuring the impact of the barriers to innovation. Estimating an innovation production function on appropriately defined subsamples allows obtaining consistent results, i.e. a significant and negative impact of the obstacles to innovation on firms' propensity to innovate. These results are robust to the definition of these subsamples, to the way "obstacles to innovation" are defined, as well as to the distinction between financial and nonfinancial obstacles. Copyright 2013 The Author 2012. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (51)

Downloads: (external link)
http://hdl.handle.net/10.1093/icc/dts027 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Where there is a will, there is a way? Assessing the impact of obstacles to innovation (2013)
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:oup:indcch:v:22:y:2013:i:3:p:679-710

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by Josef Chytry

More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().