Public support for R&D, knowledge sourcing and firm innovation: Examining a mediated model with evidence from the manufacturing industries

• Autores: Lucena Pimentel, Abel Ernesto, Afcha Chávez, Sergio Moisés
• Formato: documento de trabajo
• Fecha de Publicación: 2014
• Institución: Pontificia Universidad Católica del Perú
• Repositorio: PUCP-Institucional
• Lenguaje: inglés
• OAI Identifier: oai:repositorio.pucp.edu.pe:20.500.14657/166777
• Enlace del recurso: https://repositorio.pucp.edu.pe/index/handle/123456789/166777; http://dx.doi.org/10.7835/ccwp-2014-06-0002
• Nivel de acceso: acceso abierto
• Materia: Intramural R&D; Open innovation; Firm innovative performance; Innovation policy; Mediation analysis; http://purl.org/pe-repo/ocde/ford#5.02.04

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.