nep-tid New Economics Papers
on Technology and Industrial Dynamics
Issue of 2015‒08‒07
four papers chosen by
Fulvio Castellacci
Universitetet i Oslo

  1. An empirical study of technological leadership and persistence in product innovation By Roberto Fontana; Diana Moriniello; Andrea Vezzulli
  2. On the Economic Performance of Nascent Entrepreneurs By Gicheva, Dora; Link, Albert
  3. When Linder Meets Hirschman: Inter-Industry Linkages and Global Value Chains in Business Services By Javier Lopez Gonzalez; Valentina Meliciani; Maria Savona
  4. External dimensions of smart specialisation: Opportunities and challenges for trans-regional and transnational collaboration in the EU-13 By Slavo Radosevic; Katerina Ciampi Stancova

  1. By: Roberto Fontana; Diana Moriniello; Andrea Vezzulli
    Abstract: We study how technological leadership affects persistence in product innovation. Relying upon a database of 1818 products marketed between 1990 and 1999 by 265 firms active in three markets of the Local Area Network (LAN) industry we first construct a measure of technological leadership and then relate this measure to persistence in innovation. We find that leaders are systematically more persistent innovators than laggards. We also find that leaders in one market can also systematically innovate in a related and adjacent market. Finally, we find a positive correlation between prior patenting activity and persistence in product innovation.
    Date: 2015–07
    URL: http://d.repec.org/n?u=RePEc:ise:isegwp:wp102015&r=tid
  2. By: Gicheva, Dora (University of North Carolina at Greensboro, Department of Economics); Link, Albert (University of North Carolina at Greensboro, Department of Economics)
    Abstract: This paper assesses the R&D performance of nascent and established technology-based small firms that receive a Phase II R&D award from the U.S. Small Business Innovation Research (SBIR) program. Our empirical analysis is based on a two-stage selection probit model, which is used to estimate the probability of commercialization conditional on the Phase II project having not failed. Our model predicts, and our analysis confirms, that nascent firms are more likely to fail in their SBIR-supported R&D endeavors. Further, we find that nascent firms that do not fail have a higher probability of commercializing their developed technology.
    Keywords: entrepreneurship; R&D; commercialization; innovation; SBIR program
    JEL: L26 O31 O33 O38
    Date: 2015–07–21
    URL: http://d.repec.org/n?u=RePEc:ris:uncgec:2015_007&r=tid
  3. By: Javier Lopez Gonzalez (OECD Trade and Agriculture Directorate - Development Division, Paris); Valentina Meliciani (Faculty of Political Sciences, University of Teramo, Campus Coste S. Agostino, Via R. Balzarini 1, 64100, Teramo, Italy); Maria Savona (Science Policy Research Unit (SPRU), University of Sussex)
    Abstract: The scholarship on Global Value Chains (GVCs) is recently focusing on the international fragmentation of production that involves services and in particular business services. It has been argued that participation in business services GVCs might open up new opportunities for structural change and catching up in developing countries. What are the theoretical and empirical bases for such a claim? This paper puts forward the conjecture that factor endowments and costs are not the only driver for the emergence of service GVCs and that the specific domestic structure of backward linkages à la Hirschman is of great importance. We empirically test this conjecture on the basis of the World Input Output Data in a GMM framework. We then attempt brief implications in terms of industrial policy for developing countries, particularly on the importance of developing domestic specialisation in business services before joining GVCs as a catching-up strategy.
    Keywords: Business services; Global Value Chains; Hirschman linkages; development
    JEL: L16 L80 O14
    Date: 2015–07
    URL: http://d.repec.org/n?u=RePEc:sru:ssewps:2015-20&r=tid
  4. By: Slavo Radosevic (University College London); Katerina Ciampi Stancova (European Commission – JRC - IPTS)
    Abstract: The paper explores the issues of trans-regional and transnational collaboration in the context of smart specialisation in regions with the less developed research and development and innovation (R&D&I) systems, identified as the 13 countries (EU-13) that joined the European Union (EU) after 2004. The paper proposes a systematic methodological approach to trans-regional and transnational cooperation and discusses how this can be utilized to build innovation capacities and enhance innovation potential in selected regions. Specifically, paper addresses following questions: what is conceptual approach to trans-regional cooperation within the context of Smart Specialisation? What is the role of regional governments/national authorities? How regional authorities can deal with analysis of trans-regional opportunities, potential competitors and collaborators? Based on the analysis, what steps can policy-makers take to improve trans-regional cooperation? Our discussion is grounded in the key ’stylized facts’ related to EU-13 R&D&I activities, and the complex link between innovation and internationalization. Innovation systems in the EU-13 are fragmented and based on largely public R&D systems and innovation systems based on predominantly production oriented foreign direct investment (FDI). This structural weakness calls for stronger support for innovation oriented activities and for the integration of global value chains (GVCs) and FDI into local innovation systems. We distinguish and discuss the main obstacles to the internationalization of smart specialisation and discuss ways to overcome them. We highlight the policy action areas related to providing support for technology upgrading in relation to the internationalization of smart specialisation. The Paper concludes by offering a discussion of policies to improve trans-regional cooperation in less developed R&I systems in short and long term.
    Keywords: Inter-regional collaboration, smart specialisation, innovation policy, transnational collaboration, (global) value chains, regional development
    Date: 2015–07
    URL: http://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc96030&r=tid

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