Les externalités de la R&D et la capacité d’innovation: implications sur données camerounaises pour une politique de promotion d’innovation
The externalities of R&D and innovation effort: implications for Cameroonian data for innovation promotion
Charles Bertin Pilag Kakeu and
Clovis Miamo Wendji
MPRA Paper from University Library of Munich, Germany
This article seeks to analyze the R&D externalities effect on innovation effort. The data analyzed based on a sample of 640 enterprises located in Douala, Yaoundé and Bafoussam. The method of estimation is a probit with selection based on the framework proposed by Heckman (1979). The first equation explains the cooperation in R&D and the second shows the innovation effort of enterprises. The empirical analysis focused on the unobserved heterogeneity of externalities. Our results reveals the existence of unobserved elements, due to cooperation between the firms, which reinforce their innovation effort. Our results reveals that cooperation can be a vector of positive externalities that reinforce their innovation effort. Moreover, our results tend to show the importance of the social returns of R&D in the innovation process. These results question the relevance of current innovation policies, mainly focused on the promotion of private R&D. Thus, innovation promotion policies should be oriented towards open innovation and intensified innovation cooperation.
Keywords: Innovation; Open innovation; R&D; cooperation; externality. (search for similar items in EconPapers)
JEL-codes: O3 O32 O33 O35 O38 (search for similar items in EconPapers)
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