Do various innovation linkages enhance innovation? International evidence

Rajeev Goel

No 2211, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: Whereas various drivers of the international innovative activity have been studied in the literature, our understanding of the contributions of different innovation linkages to innovation deserves more attention. Are the different innovation linkages equally complementary to research inputs in fostering innovation? This paper addresses the contributions of different innovation linkages to innovation, across two different measures of innovation. We find that a broader index of innovation linkages shows positive and significant spillovers on innovation, while joint ventures and university-industry collaborations fail to exert a significant influence. These spillovers are reinforced by the positive and expected impacts of R&D spending. In other results, greater venture capital investments boost innovation in most cases, while more FDI boosts one type of innovation output. These findings are uniquely shown to be sensitive across least- and most innovative nations when a quantile regression is employed. Implications for technology policy are discussed.

Keywords: patents; innovation; innovation linkages; R&D; joint ventures; university-industry collaboration (search for similar items in EconPapers)
JEL-codes: O31 O33 O38 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-cse, nep-ent, nep-sbm and nep-tid
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Related works:
Journal Article: Seek foreign funds or technology? Relative impacts of different spillover modes on innovation (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:2211

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