Share This Article:

A Study on the Factors That Influence Innovation Activities of Spanish Big Firms

Abstract Full-Text HTML Download Download as PDF (Size:282KB) PP. 8-19
DOI: 10.4236/ti.2011.21002    9,826 Downloads   17,320 Views   Citations

ABSTRACT

The main goal of this research is to study the role of several factors and firms’ resources that could have had an impact on the development of innovative activities of Spanish big firms, exploring how these factors can help to achieve success through innovation and improving business performance. We propose a new model to analyze the relationships between a set of organizational, technological, financial and information-based resources, as well as other aspects such as company’s cooperation. We employ a Structural Equation Model and the PLS technique in order to validate the theoretical model proposed in this research. The data come from the Spanish National Statistics Institute’s Survey on Firms Technological Innovation. The sample is composed by 2224 observations referred to firms with 200 or more workers. The main results show that human and financial resources and cooperation affect positively R&D activities. At the same time R&D, information management and technological resources have a positive effect on innovation. Finally, R&D activities, innovation results (product and process innovation) and information management influence business results.

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

A. Vieites and J. Calvo, "A Study on the Factors That Influence Innovation Activities of Spanish Big Firms," Technology and Investment, Vol. 2 No. 1, 2011, pp. 8-19. doi: 10.4236/ti.2011.21002.

References

[1] Z. Griliches, “Issues in Assessing the Contribution of R&D to Productivity Growth,” Bell Journal of Economics, Vol. 10, No. 1, 1979, pp. 92-116. doi:10.2307/3003321
[2] Z. Griliches and J. Mairesse, “Comparing Productivity Growth: An Exploration of French and U.S. Industrial and Firm Data,” European Economic Review, Vol. 21, No. 1-2, 1983, pp. 89-119. doi:10.1016/S0014-2921(83)80009-9
[3] Z. Acs, D. Audretsch and M. Feldman, “Real Effect of Academic Research: Comment,” The American Eco- nomic Review, Vol. 82, No. 1, 1992, pp. 363-367.
[4] D. Audretsch, “Agglomeration and the Location of Inno- vative Activity,” Oxford Review of Economic Policy, Vol. 14, No. 2, 1998, pp. 18-29. doi:10.1093/oxrep/14.2.18
[5] M. Porter and S. Stern, “Measuring the Ideas Production Function: Evidence from the International Patent Out- put,” NBER Working Paper 7891, 1999.
[6] S. J. Kline and N. Rosenberg, “An Overview of Innova- tion,” In: R. Landau and N. Rosenberg, Eds., The Positive Sum Strategy, Harnessing Technology for Economic Growth, 1986, pp. 275-305.
[7] J. L. Calvo, “Una Caracterización de la Innovación Tecnológica en los Sectores Manufactureros Espa?oles,” Economía Industrial, No. 331, 2000, pp. 139-150.
[8] J. L. Calvo, “Son las Actividades de I+D una Buena Aproximación a la Innovación Tecnológica?” Economía Industrial, No. 358, 2006, pp. 173-184.
[9] R. F. Hurley and G. T. Hult, “Innovation, Market Orien- tation and Organization Learning: An Integration and Empirical Examination,” Journal of Marketing, Vol. 62, No. 3, 1998, pp. 42-54. doi:10.2307/1251742
[10] P. Greene, C. Brush and M. Hart, “The Corporate Ven- ture Champion: A Resource-Based Approach to Role and Process,” Entrepreneurship, Theory and Practice, Vol. 23, No. 3, 1999, pp. 103-122.
[11] S. W. Floyd and B. Wooldridge, “Knowledge Creation and Social Networks in Corporate Entrepreneurship: The Renewal of Organizational Capability,” Entrepreneurship, Theory and Practice, Vol. 23, No. 3, 1999, pp. 123-143.
[12] C. Camisón, “Sobre cómo Medir las Competencias Dis- tintivas: Un Examen Empírico de la Fiabilidad y Validez de los Modelos Multi-Item para la Medición de los Activos Intangibles,” First International Conference, Manage- ment Related Theory and Research: An Iberoamerican Perspective, 1999.
[13] R. Hernández and A. de la Calle, “Estudio Sobre el Com- portamiento Innovador de la Empresa,” Revista de Estudios Económicos and Empresariales, No. 18, Universidad de Extremadura, Centro Universitario de Plasencia, 2006.
[14] E. Mansfield, “Composition of R&D Expenditures, Rela- tionship to Size of Firm, Concentration and Innovative Output,” Review of Economics and Statistics, Vol. 63, No. 2, 1981, pp. 610-615. doi:10.2307/1935857
[15] K. Pavitt, “Sectorial Patterns of Technical Change: To- wards a Taxonomy and a Theory,” Research Policy, Vol. 13, No. 6, 1984, pp. 343-373. doi:10.1016/0048-7333(84)90018-0
[16] D. Audretsch and Z. Acs, “Innovation, Market Structure and Firm Size,” Review of Economics and Statistics, Vol. 69, No. 4, 1987, pp. 567-575. doi:10.2307/1935950
[17] M. Moch and E. Morse, “Size, Centralization and Organ- izational Adoption of Innovations,” American Sociologi- cal Review, Vol. 42, No. 5, 1997, pp. 716-725. doi:10.2307/2094861
[18] M. Buesa and J. Molero, “Tama?o Empresarial e Inno- vación Tecnológica en la Economía Espa?ola,” ICE Tribuna de Economía, Vol. 773, 1998, pp. 155-173.
[19] R. D. Dewar and J. E. Dutton, “The Adoption of Radical and Incremental Innovations: An Empirical Analysis,” Management Science, Vol. 32, No. 11, 1986, pp. 1422- 1433. doi:10.1287/mnsc.32.11.1422
[20] L. B. Mohr, “Determinants of Innovation in Organiza- tions,” American Political Science Review, Vol. 63, No. 1, 1969, pp. 111-126. doi:10.2307/1954288
[21] D. Audretsch, “New-Firm Survival and the Technological Regime,” The Review of Economics and Statistics, Vol. 73, No. 3, 1991, pp. 441-450. doi:10.2307/2109568
[22] D. Audretsch, “Innovation, Growth and Survival,” Inter- - national Journal of Industrial Organization, Vol. 13, 1995, pp. 441-445. doi:10.1016/0167-7187(95)00499-8
[23] S. Sengupta, “Some Approaches to Complementary Prod- uct Strategy,” Journal of Product Innovation Management, Vol. 15, No. 4, 1998, pp. 352-367. doi:10.1016/S0737-6782(97)00106-9
[24] H. R. Greve, “The Effect of Core Change on Performance: Inertia and Regression toward the Mean,” Administrative Science Quarterly, Vol. 44, No. 3, 1999, pp. 590-614. doi:10.2307/2666963
[25] J. V. Baldridge and R. A. Burnham, “Organizational In- novation: Industrial, Organizational and Environmental Impact,” Administrative Science Quarterly, Vol. 20, 1975, pp. 165-176. doi:10.2307/2391692
[26] Z. Griliches, “R&D and Productivity: Econometric Re- sults and Measurement Issues,” In: P. Stoneman, Ed., Handbook of the Economics of Innovation and Techno- logical Change, Blackwell, Oxford, 1995.
[27] R. Narula and J. Dunning, “Explaining International R&D Alliances and the Role of Governments,” Merit Working Paper Series 97-011, 1997.
[28] J. Hagedoorn, “Understanding the Rationale of Strategic technology Partnering: Interorganizational Modes of Co- operation and Sectorial Differences,” Strategic Manage- ment Journal, Vol. 14, 1993, pp. 371-385. doi:10.1002/smj.4250140505
[29] J. Hagedoorn, “Strategic Technology Partnering during the 1980’s. Trends, Networks, and Corporate Patterns in Non- Core Technologies,” Research Policy, Vol. 24, No. 2, 1995, pp. 207-231. doi:10.1016/0048-7333(94)00763-W
[30] J. Hagedoorn and R. Narula, “Choosing Organizational Modes of Strategic Technology Partnering: Interorganiza- tional Modes of Cooperation and Sectorial Differences,” Strategic Management Journal, Vol. 14, No. 5, 1996, pp. 371-385. doi:10.1002/smj.4250140505
[31] E. Arnold and B. Thuriaux, “Developing Firms’ Techno- logical Capabilities,” Report for the OECD, Brighton, Technopolis, 1997.
[32] C. Freeman, “The Economics of Technical Change,” In: D. Archibugi and J. Michie, Eds., Trade, Growth and Tech- nical Change, Cambridge University Press, Cambridge, 1998.
[33] OECD, “Frascati Manual, Proposed Standard Practice for Survey of Research and Experimental Development,” The Measurement of Scientific and Technological Activi- ties Series, Paris, 2002.
[34] OECD & Eurostat, “Oslo Manual, Guidelines for Collect- ing and Interpreting Innovation Data, the Measurement of Scientific and Technological Activities,” 3rd Ed., A Joint Publication of OECD and Eurostat, Paris, 2005.
[35] E. Mansfield, M. Schwartz, S. Wagner, “Imitation Costs and Patents: An Empirical Study,” The Economic Journal, Vol. 91, No. 364, 1981, pp. 907-918. doi:10.2307/2232499
[36] E. Mansfield, “Patents and Innovations: An Empirical Study,” Management Science, Vol. 32, No. 2, February 1986, pp. 173-181. doi:10.1287/mnsc.32.2.173
[37] J. Narver and S. Slater, “The Effect of a Market Orienta- tion on Business Profitability,” Journal of Marketing, Vol. 54, October 1990, pp. 20-35. doi:10.2307/1251757
[38] T. C. Powell, “Total Quality Management as Competitive Advantage: A Review and Empirical Study,” Strategy Management Journal, Vol. 16, No. 1, 1995, pp. 15-37. doi:10.1002/smj.4250160105
[39] Z. Acs, L. Anselin and A. Varga, “Patents and Innova- tions Counts as Measures of Regional Production of New Knowledge,” Research Policy, Vol. 31, No. 8-9, 2002, pp. 1069-1085. doi:10.1016/S0048-7333(01)00184-6
[40] B. Arthur, “Increasing Returns and Path Dependence in the Economy,” University of Michigan Press, Michigan, 1994.
[41] J. A. Schumpeter, “The Theory of Economic Develop- ment,” Harvard University Press, Cambridge, 1934.
[42] R. R. Nelson and S. G. Winter, “Search of a Useful The- ory of Innovation,” Research Policy, Vol. 6, No. 1, 1977, pp. 36-77. doi:10.1016/0048-7333(77)90029-4
[43] G. Dosi, C. Freeman, R. R. Nelson, G. Silverberg and L. Soete, “Technology Change and Economic Theory,” Pin- ter Publishers, London, 1988.
[44] C. Freeman, “Teoría Económica de la Innovación Indus- trial,” Alianza Editorial, Madrid, 1975.
[45] C. Freeman, “The Economics of Industrial Innovation,” 2nd Ed., Frances Printer, London, 1982.
[46] J. Hair, R. Anderson, R. Tatham and W. Black, “Multi- variate Data Analysis,” Prentice Hall International, Upper Saddle River, 1998.
[47] C. Fornell and D. F. Larcker, “Evaluating Structural Equation Models with Unobservable Variables and Measurement Error,” Journal of Marketing Research, Vol. 18, February 1981, pp. 39-50. doi:10.2307/3151312
[48] D. Barclay, C. Higgins and R. Thompson, “The Partial Least Squares (PLS) Approach to Causal Modelling: Personal Computer Adoption and Use as an Illustration,” Technology Studies, Special Issue on Research Method- ology, Vol. 2, No. 2, 1995, pp. 285-309.
[49] R. F. Falk and N. B. Miller, “A Primer for Soft Model- ling,” The University of Akron, Ohio, 1992.
[50] W. W. Chin, “The Partial Least Squares Approach to Structural Equation Modelling,” In: G. A. Marcoulides Ed., Modern Methods for Business Research, Lawrence Erlbaum Associates, Mahwah, 1998, pp. 295-336.
[51] M. Stone, “Cross-Validatory Choice and Assessment of Statistical Predictions,” Journal of the Royal Statistical Society, Vol. 36, No. 1, 1974, pp. 111-147.
[52] S. Geisser, “The Predictive Sample Reuse Method with Applications,” Journal of the American Statistical Asso- ciation, Vol. 70, 1975, pp. 320-328. doi:10.2307/2285815

  
comments powered by Disqus

Copyright © 2019 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.