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Do innovative inputs lead to different innovative outputs in mature and young firms?

Author

Listed:
  • Gabriele Pellegrino

    (Barcelona Institute of Economics - University of Barcelona, Barcelona)

  • Mariacristina Piva

    (DISCE, Università Cattolica)

Abstract
This paper investigates the determinants of the choice of different types of innovative input (R&D and technological acquisitions) and their relationship with different innovative outputs (product and process innovation), distinguishing between firms of different ages (mature vs young). In order to do so we apply a nonlinear structural model estimated on the third and fourth waves of the Italian Community Innovation Survey (CIS). We find that firm and market characteristics play a distinct role in boosting different types of innovation activities for firms of different ages. In particular, while methods of appropriability and international market exposure are relevant for both forms of innovative input, cooperation in innovation activities appears to be important for increasing the level of investment in R&D but not for technological acquisition. Moreover, young firms show a higher level of sensitivity than their mature counterparts to sources of information regarding innovation when we consider the magnitude of their innovative effort. On the contrary, factors such as methods of appropriability and support for innovation appear to be more important for enhancing the level of investment in both R&D and technological acquisitions for the mature firms only. Finally, the two innovative inputs appear to be equally important in determining both forms of innovative output for the two sub-samples of firms.

Suggested Citation

  • Gabriele Pellegrino & Mariacristina Piva, 2014. "Do innovative inputs lead to different innovative outputs in mature and young firms?," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1497, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    • Handle: RePEc:ctc:serie2:dises1497
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    References listed on IDEAS

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    Cited by:

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    2. Marco Grazzi & Chiara Piccardo & Cecilia Vergari, 2020. "Concordance and complementarity in IP instruments," Industry and Innovation, Taylor & Francis Journals, vol. 27(7), pages 756-788, August.
    3. M. Grazzi & C. Piccardo & C. Vergari, 2019. "Concordance and complementarity in Intellectual Property instruments," Working Papers wp1127, Dipartimento Scienze Economiche, Universita' di Bologna.

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    More about this item

    Keywords

    R&D; Technological acquisition; Innovative outputs; Young firms;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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