Working Papers

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Buscamos profundizar y explorar los conocimientos en las áreas y temas relevantes en los negocios discutidos internacionalmente. Nuestra investigación está dirigida para profesionales y stakeholders de todas las industrias e investigadores que busquen fuentes de información en los temas de investigación relevantes e innovadores en los negocios.

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Author: search.filters.author.Lucena Pimentel, Abel ErnestoSubject: search.filters.subject.Open innovation

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    Public support for R&D, knowledge sourcing and firm innovation: Examining a mediated model with evidence from the manufacturing industries
    (CENTRUM Publishing, 2014) Lucena Pimentel, Abel Ernesto; Afcha Chávez, Sergio Moisés
    The aim of this study is to examine how firms realize the benefits associated with public support for R&D programs. To do so, this research proposes and tests the hypothesis that the level of knowledge sourcing applied by a firm during the innovation process mediates the relationship between granted R&D subsidies and a firm’s innovative performance. Using a panel of Spanish manufacturing companies, the findings provide evidence to indicate that the degree of firms’ investments in intramural R&D and the levels of openness in their innovation serve as mediating mechanisms between R&D subsidies and firm innovation, as measured by patent application and new product introduction counts. The study advances the literature on innovation management and technology-policy evaluation by showing how firms use their knowledge-sourcing strategies to exploit opportunities provided by public intervention.