External ownership and innovation in the United Kingdom

Paul Bishop and Nick Wiseman

Applied Economics, 1999, vol. 31, issue 4, 443-450

Abstract: This paper examines the impact of ownership and a variety of other variables on the likelihood of innovation and the presence of an R&D function within a national sample of UK defence related firms. It is shown that foreign ownership has a negative indirect impact upon innovation. Mixed support is found for the Schumpeterian approach to innovation. Involvement in export markets, technological opportunity and R&D collaboration are shown to have a positive impact on innovation.

Date: 1999
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Citations: View citations in EconPapers (22)

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DOI: 10.1080/000368499324156

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