nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2011‒09‒16
three papers chosen by
Laura Stefanescu
European Research Centre of Managerial Studies in Business Administration

  1. Not searching, but finding: Innovation as a non-linear source of the private use of public knowledge By Azagra-Caro, Joaquín M.; Pardo, Rafael; Rama, Ruth
  2. Industry-Specific Knowledge Spurs Productivity: An Application of Panel Cointegration By Petra Zloczysti
  3. Innovation subsidies: Does the funding source matter for innovation intensity and performance? Empirical evidence from Germany By Czarnitzki, Dirk; Lopes Bento, Cindy

  1. By: Azagra-Caro, Joaquín M.; Pardo, Rafael; Rama, Ruth
    Abstract: The use of universities and public research organisations as a source of information is increasing as firms adopt search strategies based on current models of information use. The theory of this paper is that in order to predict companies? perceptions of the usefulness of such knowledge, their practical experience in technological innovation becomes a determinant, not directly but by enabling certain internal changes which result in firms finding public research more useful. Using a sample of 1,031 Spanish manufacturing firms, we give an illustration of how practical experience in technological innovation produces encounters between three of their choices (to increase in size, the skills of the workforce and the abandonment of strategic innovation) and public research. In reality, the lack of such practical experience produces a ?disencounter? in which only monopolistic firms can take full advantage of public research. Some managerial and policy implications are discussed below.
    Keywords: Public-private R&D interaction; Spain
    JEL: O32
    Date: 2011–09–08
  2. By: Petra Zloczysti
    Abstract: Using data for 14 OECD countries and 13 sectors for the period 1985-2004, this paper analyzes the significance of the linkage between channels of international knowledge spillovers and total factor productivity. We distinguish between domestic and international intra- and inter-sectoral spillover sources. Patent applications are exploited to estimate the contribution of technology transfer to industrial productivity. To account for technological distance, we weight foreign knowledge by bilateral technological proximity. By adopting estimation methods reflecting recent developments in the treatment of non-stationary panel data econometrics, we find that industry-specific knowledge both nationally and internationally mainly drives productivity in the respective sector.
    Keywords: Knowledge Spillover, Total Factor Productivity, Manufacturing, Panel Cointegration
    JEL: C23 L60 O30 O40
    Date: 2011
  3. By: Czarnitzki, Dirk; Lopes Bento, Cindy
    Abstract: Applying a variant of a non-parametric matching estimator, we consider European funding and national funding as heterogeneous treatments, distinguishing and simultaneously analyzing the effect these treatments have on innovation input and performance. In terms of input, getting funding from both sources yields the highest impact. If funding from only one source is received, EU grants have higher effects. In terms of output, holding innovation expenditures constant, funding from both sources display higher sales of market novelties and future patent applications at the firm level. If only one grant is obtained, we find superiority for national funding. --
    Keywords: Subsidies,Innovation,Policy Evaluation,Treatment Effects,Nonparametric matching estimation
    JEL: C14 H50 O38
    Date: 2011

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