EconPapers    
Economics at your fingertips  
 

Public Funding and Innovation Strategies. Evidence from Italian SMEs

Laura Barbieri (), Daniela Bragoli (), Flavia Cortelezzi and Giovanni Marseguerra

International Journal of the Economics of Business, 2020, vol. 27, issue 1, 111-134

Abstract: Using a dataset which combines Community Innovation Survey (CIS) and accounting information on Italian manufacturing firms, we adopt a two step econometric procedure to investigate whether the receipt of public funding determines firms’ innovation strategy selection. In the first step an innovation selection equation is estimated, in the second we adopt a bivariate probit model. The main finding is that public funding influences whether firms select the make, the buy or the make&buy strategy, favoring the latter. The composite strategy is the one linked to the build up of absorptive capacity which, according to the empirical evidence, turns out to be associated to a better innovative performance.

Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/13571516.2019.1664834 (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:taf:ijecbs:v:27:y:2020:i:1:p:111-134

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CIJB20

DOI: 10.1080/13571516.2019.1664834

Access Statistics for this article

International Journal of the Economics of Business is currently edited by Eleanor Morgan

More articles in International Journal of the Economics of Business from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2022-09-22
Handle: RePEc:taf:ijecbs:v:27:y:2020:i:1:p:111-134