Innovation Strategies and Technical Efficiency

IF 7.1 3区管理学 Q1 BUSINESS

European Research on Management and Business Economics Pub Date : 2024-03-21 DOI:10.1016/j.iedeen.2024.100243

Jennifer González-Blanco, María del Mar Rodríguez-Domínguez, Manuel Guisado-González

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Abstract

In the innovation literature, little attention has been paid to technical efficiency as a measure of performance, despite the fact that technical efficiency is key to explaining firm productivity. In this study we analyze the influence of internal R&D, external R&D and R&D cooperation on the technical efficiency of the firm. The data used come from the Panel de Innovación Tecnológica 2016 for Spanish companies, from whose database we have selected the set of innovative manufacturing firms. To estimate the coefficients of interest we have constructed a knowledge production function, estimated using Stochastic Frontier Analysis (SFA) and the Heckman correction. The results indicate that both internal R&D and R&D cooperation have a positive and significant influence on technical efficiency, while external R&D has a significant negative relationship. Knowing this type of information in advance is very important for business managers and policy makers, since it facilitates decision-making on innovation strategies, as well as the formulation of public policies to support innovation leading to an efficient allocation of public resources.

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创新战略和技术效率

在创新文献中，尽管技术效率是解释企业生产率的关键，但很少有人关注将技术效率作为衡量绩效的标准。在本研究中，我们分析了内部研发、外部研发和研发合作对企业技术效率的影响。所使用的数据来自《2016 年西班牙企业技术创新面板》（Panel de Innovación Tecnológica 2016），我们从该数据库中选取了一组创新型制造企业。为了估算相关系数，我们构建了知识生产函数，并使用随机前沿分析法（SFA）和赫克曼修正法进行估算。结果表明，内部研发和研发合作对技术效率有显著的正向影响，而外部研发则有显著的负向影响。提前了解这类信息对于企业管理者和政策制定者来说非常重要，因为这有助于创新战略的决策，也有助于制定支持创新的公共政策，从而实现公共资源的有效配置。

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来源期刊

European Research on Management and Business Economics Multiple-

CiteScore

11.70

自引率

3.40%

发文量

审稿时长

50 weeks

期刊介绍： European Research on Management and Business Economics (ERMBE) was born in 1995 as Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE). The journal is published by the European Academy of Management and Business Economics (AEDEM) under this new title since 2016, it was indexed in SCOPUS in 2012 and in Thomson Reuters Emerging Sources Citation Index in 2015. From the beginning, the aim of the Journal is to foster academic research by publishing original research articles that meet the highest analytical standards, and provide new insights that contribute and spread the business management knowledge