Interaction with universities and firm’s innovative performance:evidence from the Spanish innovation survey
By Researcher: Jaider Vega-Jurado and Liney Manjarrés-Henríquez
Affiliation: Institute of Innovation and knowledge management. INGENIO (CSIC-UPV), Valencia, Spain
Abstract
This paper analyses the effect of interaction with universities on firms’ innovation
output, measured as the degree of novelty of product innovation. The analysis is based
on a sample of 3,257 manufacturing firms, active in innovation, and located in Spain.
We distinguish between two types of interaction mechanisms: cooperation in innovation
activities and outsourcing of research and development (R&D) services. Using data
from two waves of the Spanish innovation survey (2004 and 2007), we examine the
effect of interaction in 2004 on subsequent product innovation in 2005-2007. The
results show that neither cooperation with universities nor outsourcing of R&D services
to these agents has a significant effect on product innovation. In other words, for
Spanish manufacturing firms the acquisition of knowledge from universities does not
represent an important strategy to introduce new products into the market. In contrast,
cooperation with customers and acquisition of external R&D from other firms seem to
be important for innovation, especially for firms pursuing more radical innovation.
Last updated by Shi Hua Chen Kold 02/06/2010