dc.contributor |
Universitat Rovira i Virgili. Departament d'Economia |
dc.contributor |
Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
dc.contributor.author |
Audretsch, David B. |
dc.contributor.author |
Segarra Blasco, Agustí, 1958- |
dc.contributor.author |
Teruel, Mercedes |
dc.date.accessioned |
2014-03-17T16:07:47Z |
dc.date.available |
2014-03-17T16:07:47Z |
dc.date.created |
2014 |
dc.date.issued |
2014 |
dc.identifier.uri |
http://hdl.handle.net/2072/225296 |
dc.format.extent |
23 p. |
dc.language.iso |
eng |
dc.publisher |
Universitat Rovira i Virgili. Departament d'Economia |
dc.relation.ispartofseries |
Documents de treball del Departament d'Economia;2014-01 |
dc.rights |
info:eu-repo/semantics/openAccess |
dc.rights |
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
dc.source |
RECERCAT (Dipòsit de la Recerca de Catalunya) |
dc.subject.other |
Empreses -- Innovacions tecnològiques |
dc.subject.other |
Innovacions tecnològiques -- Política governamental |
dc.subject.other |
Investigació |
dc.subject.other |
Conducta organitzacional |
dc.subject.other |
Empreses petites i mitjanes |
dc.subject.other |
Empreses -- Creació |
dc.title |
Why not all young firms invest in R&D |
dc.type |
info:eu-repo/semantics/workingPaper |
dc.subject.udc |
65 - Gestió i organització. Administració i direcció d'empreses. Publicitat. Relacions públiques. Mitjans de comunicació de masses |
dc.embargo.terms |
cap |
dc.description.abstract |
This article aims to analyze the different impact that some factors may exert on
the probability that a small young firm invests intensively in R&D. Recently, an
increasing amount of the literature makes reference to the vital role played by a
small number of young firms in generating jobs and increasing efficiency levels.
However, not all new firms invest in R&D. Departing from the definition of
YICs (firms younger than 6 years old, fewer than 250 employees and with
more than 15% of their revenues invested in R&D activities), and with an
extensive sample of the Spanish Community Innovation Survey between 2004-
2010, we try to determine: i) those factors that cause firms to become YICs
(innovative young small firms) or YNICs (moderately innovative young small
firms); ii) what is the difference in the impact of those factors between YICs
and YNICs. Our results show that factors such as initial innovation capacity
and cooperation in R&D projects enhance the probability of becoming a YIC.
Nevertheless, factors such as export potential and market uncertainty may
influence the decision to invest moderately and become a YNIC.
Keywords: Innovation, Policy, YICs.
JEL Classifications: O31, D21 |