Innovation Strategies and Firm Growth

Technological innovation and the distribution of employment growth: a firm-level analysis

“…Particularly when using the process innovation proxy, a concentration of non-innovative firms in the left tail of the support of the employment growth distribution is evident. This is consistent with previous findings presented by Bianchini et al (2016) on the sales growth distributions of Spanish firms.…”

“…The (net) effect of process innovation, especially of new methods of production, is decreasing in the quantiles of the conditional employment growth distribution, more significantly positive at the bottom of the distribution. This is at odds with the analysis on Norwegian data by Herstad and Sandven (2015) but consistent with the study on the sales distribution of Spanish manufacturing firm by Bianchini et al (2016). One of the ways to possibly reconcile the magnitude of such effect could be to link it with the extent to which the price compensation mechanism works at different point of the conditional employment growth distribution.…”

“…Related analyses come from the strand of empirical literature that studies the effect of innovation on growth using different innovation proxies, or which studies the effect product and process innovation on sales growth. Coad et al (2016) focuses, for instance, on the impacts of R&D (and not of innovation output) on the sales, employment and productivity growth of Spanish firms, while Bianchini et al (2016) take instead a multi-dimensional approach to the analysis of the growth process of Spanish firms in terms of sales (and not employment).…”

“…Indeed, since 2004 6 systematic data collection efforts allow to follow the same firms over time. PITEC data have been recently used to the study of innovative activity and growth in recent years (see among the others Segarra and Teruel, 2014, Coad et al, 2016or Bianchini et al, 2016. A summary of the variables used in this work is presented in the following subsections.…”

Evaluación del impacto del programa Redes de Innovación

“…En la literatura empírica, para medir la innovación, se emplean frecuentemente uno o varios indicadores de la actividad innovadora: esfuerzo en I+D interno o externo, porcentaje de ventas por nuevos productos u otras variables binarias que recojan si realizan innovación (Bianchini et al, 2016). Sin embargo, el proceso innovador trasciende a las actividades de I+D, incorporando la digitalización de la empresa y otras estrategias de cooperación con agentes externos (Audretsch y Callejón, 2007;Segarra, 2014).…”