Technological cooperation,R&D outsourcing,and innovation performance at the firm level: The role of the regional context |
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| Institution: | 1. Stockholm School of Economics, House of Innovation, Saltmätargatan 13-17, Box 6501, 113-83, Stockholm, Sweden;2. University of Groningen, Nettelbosje 2, 9747 AE, Groningen, the Netherlands;3. University of Amsterdam Business School, Plantage Muidergracht 12, 1018 TV, Amsterdam, the Netherlands;1. Nanyang Business School, Nanyang Technological University, Singapore, Singapore;2. Departamento de Gestion y Liderazgo, Escuela de Negocios, Tecnologico de Monterrey, Campus Guadalajara, Zapopan, Mexico;3. Lawrence Technological University, Southfield, MI, USA;1. National Chengchi University, 64, Sec. 2 Zhi-Nan Road, Taipei, 11605, Taiwan;2. Florida State University, USA & Kyung Hee University, Seoul, Korea;3. Univeristy of Michigan-Flint, USA;1. Northeastern University, D’Amore-McKim School of Business, 360 Huntington Avenue, Boston, MA 02115, USA;2. Carlos III University of Madrid, Entrepreneurship and Family Business Institute \"Conde de Campomanes\", C/ Madrid, 126, 28903 Getafe, Madrid, Spain |
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| Abstract: | Much has been said about the role that technological networking activities play on the innovative performance of firms, but little is known about how the regional context influences the efficiency of such networking activities. In this paper we hypothesize that the transformation of firms’ networking activities into innovation may vary depending on the regional environment in which the firm is located. For Spanish manufactures in the period 2000-12 and through the use of a multilevel framework, we obtain that after controlling for the firm’s characteristics, the regional context has not only a direct effect on firms’ innovation performance, but it also conditions the returns to firms’ networking activities, although differently in the case of cooperation and outsourcing. Cooperating in innovation activities is more beneficial for those firms located in a knowledge intensive region, whereas R&D outsourcing seems to be more profitable for firms in regions with a low knowledge pool. |
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| Keywords: | Innovative performance Regional knowledge spillovers Multilevel Panel data Spanish firms Manufactures |
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