The Impact of the Third Sector of R&D on the Innovative Performance of Entrepreneurial Firms

Albert Link, Cody Morris () and Martijn van Hasselt
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Cody Morris: University of North Carolina at Greensboro, Department of Economics

No 20-2, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: Entrepreneurial firms that rely on public research institutes, the third sector of R&D, are also firms that are more innovative in terms of introducing new or significantly improved goods or services to the market. This finding is based on an analysis of 4,004 knowledge-intensive entrepreneurial (KIE) firms located in ten European Union countries. We interpret our findings as suggestive evidence of the importance of policy makers continuing to support financially public research institutions.

Keywords: Research institute; third sector of R&D; innovation; entrepreneurship; KIE firms (search for similar items in EconPapers)
JEL-codes: L26 O31 O32 O38 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2020-04-07
New Economics Papers: this item is included in nep-cse, nep-ent, nep-eur, nep-ino, nep-knm, nep-sbm and nep-tid
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Citations: View citations in EconPapers (6)

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Journal Article: The impact of the third sector of R&D on the innovative performance of entrepreneurial firms (2021)
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