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Does absorptive capacity determine collaborative research returns to innovation? A geographical dimension

Erika Badillo Enciso () and Rosina Moreno ()

No 201416, AQR Working Papers from University of Barcelona, Regional Quantitative Analysis Group

Abstract: This paper aims to estimate the impact of research collaboration with partners in different geographical areas on innovative performance. By using the Spanish Technological Innovation Panel, this study provides evidence that the benefits of research collaboration differ across different dimensions of the geography. We find that the impact of extra-European cooperation on innovation performance is larger than that of national and European cooperation, indicating that firms tend to benefit more from interaction with international partners as a way to access new technologies or specialized and novel knowledge that they are unable to find locally. We also find evidence of the positive role played by absorptive capacity, concluding that it implies a higher premium on the innovation returns to cooperation in the international case and mainly in the European one.

Keywords: Innovation cooperation; Technological partners; Geographical location; Performance; Absorptive Capacity; Spanish firms JEL classification: L25; O31; O33; R1 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2014-10, Revised 2014-10
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur, nep-geo, nep-ino and nep-sbm
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