Collaboration with External Organizations and Technological Innovations: Evidence from Spanish Manufacturing Firms
1
Department of Accountancy, Finance and Economics, University of Lincoln, Lincoln LN5 7AT, UK
2
Management Department, Imperial College London, London SW7 2AZ, UK
*
Author to whom correspondence should be addressed.
Sustainability 2019, 11(9), 2479; https://doi.org/10.3390/su11092479
Received: 5 April 2019 / Revised: 24 April 2019 / Accepted: 24 April 2019 / Published: 27 April 2019
Based on the two knowledge dimensions of availability and accessibility, this study investigates the influence of cooperation with external organizations on technological, product, and process innovations. Using longitudinal data from Spanish manufacturing firms, we estimate dynamic random-effects probit models and thus take into account that technological innovations exhibit persistent behavior. We find that cooperation with suppliers and universities is positively associated with both product and process innovations. However, sectoral analysis according to technological intensity reveals that cooperation with suppliers increases the propensity to technological innovation in industries with a higher degree of technological intensity, while cooperation with universities increases the likelihood of innovation in industries with a lower degree of technological intensity. Moreover, empirical results indicate a high degree of true or genuine state dependence in both types of innovations. Based on these findings, we discuss the theoretical, managerial, and policy implications of the study.
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Keywords:
availability of knowledge; accessibility of knowledge; technological innovation; Spain; dynamic probit model
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MDPI and ACS Style
Radicic, D.; Pinto, J. Collaboration with External Organizations and Technological Innovations: Evidence from Spanish Manufacturing Firms. Sustainability 2019, 11, 2479. https://doi.org/10.3390/su11092479
AMA Style
Radicic D, Pinto J. Collaboration with External Organizations and Technological Innovations: Evidence from Spanish Manufacturing Firms. Sustainability. 2019; 11(9):2479. https://doi.org/10.3390/su11092479
Chicago/Turabian StyleRadicic, Dragana, and Jonathan Pinto. 2019. "Collaboration with External Organizations and Technological Innovations: Evidence from Spanish Manufacturing Firms" Sustainability 11, no. 9: 2479. https://doi.org/10.3390/su11092479
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