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Cooperation in innovation activities: The importance of partners |
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| Authors: | Pedro de Faria Francisco Lima |
| Institution: | a Department of Innovation Management and Strategy, Faculty of Economics and Business, University of Groningen, Nettelbosje 2, 9747 AE Groningen, The Netherlands b Instituto Superior Técnico and CEG-IST, Technical University of Lisbon, Av. Rovisco Pais, 1049-001 Lisboa, Portugal c CESNOVA, Faculdade de Ciências Sociais e Humanas, Universidade Nova de Lisboa, Avenida de Berna, 26-C, 1069-061 Lisboa, Portugal |
| Abstract: | This paper analyses the importance of cooperation partners for the development of innovation activities. We contribute to the literature on cooperation in innovation activities that seeks to identify the characteristics differentiating cooperative from non-cooperative firms by proposing a different approach to this problem. We distinguish firms according to their evaluation of cooperation partners in the development of innovation activities. We apply a probit selection model to account for the firm's decision to cooperate (or not). The data we use come from the Portuguese Third Community Innovation Survey. Our estimation results show that firms from high-technological industries, with higher levels of absorptive capacity and of innovation investment, who give importance to incoming spillovers management, and who cooperate with firms from the same group or with suppliers, place greater value on cooperation partners in the innovation process. Additionally, we also find that the factors influencing the importance attributed to cooperation activities are different from the ones behind the decision to cooperate. |
| Keywords: | C25 L20 O31 O32 |
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