Utilizad este identificador para citar o enlazar este documento: http://hdl.handle.net/2072/222200

Young innovative firms and R&D strategies: is the Spanish case different?
Segarra Blasco, Agustí, 1958-; Gombau, Verònica
Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
This paper analyzes the profile of Spanish young innovative companies (YICs) and the determinants of innovation and imitation strategies. The results for an extensive sample of 2,221 Spanish firms studied during the period 2004–2010 show that YICs are found in all sectors, although they are more concentrated in high-tech sectors and, in particular, in knowledge-intensive services (KIS). Three of every four YICs are involved in KIS. Our results highlight that financial and knowledge barriers have much impact on the capacity of young, small firms to innovate and to become YICs, whereas market barriers are not obstacles to becoming a YIC. Public funding, in particular from the European Union, makes it easier for a new firm to become a YIC. In addition, YICs are more likely to innovate than mature firms, although they are more susceptible to sectoral and territorial factors. YICs make more dynamic use of innovation and imitation strategies when they operate in high-tech industries and are based in science parks located close to universities. Keywords: innovation strategies, public innovation policies, barriers to innovation, multinomial probit model. JEL Codes: D01, D22 , L60, L80, O31
33 - Economia
Conducta organitzacional
Sector terciari
Innovacions tecnològiques -- Política governamental
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29 p.
Documento de trabajo
Universitat Rovira i Virgili. Departament d'Economia
Documents de treball del Departament d'Economia;2013-37

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