Persistence of Cooperation on Innovation: Econometric Evidence from Panel Micro Data

Martin Srholec

Prague Economic Papers, 2016, vol. 2016, issue 1, 53-70

Abstract: Arrangements to cooperate on innovation facilitate access to external sources of knowledge. By using panel data derived from the five waves of Community Innovation Survey in the Czech Republic, we examine whether firms engage in these arrangements persistently or rather revert to other behaviour. Econometric estimates of dynamic random effects and multivariate probit models provide strong support to the thesis of persistence, particularly of linkages with the university sector and suppliers. The results are robust to the initial conditions problem and serial correlation in idiosyncratic errors. Government programmes initiating cooperation on innovation therefore have the potential to induce durable changes in the innovative behaviour of firms.

Keywords: persistence; panel data; innovation; Czech Republic; cooperation; Community Innovation Survey (search for similar items in EconPapers)
JEL-codes: C23 C25 L20 O31 O32 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (3)

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Working Paper: Persistence of cooperation on innovation: Econometric evidence from panel micro data (2014)
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DOI: 10.18267/j.pep.536

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