Female R&D teams and patents as quality signals in innovative firms

IF 3.2 3区经济学 Q1 ECONOMICS

Economics of Innovation and New Technology Pub Date : 2022-03-25 DOI:10.1080/10438599.2022.2052053

P. Beneito, M. E. Rochina-Barrachina, A. Sanchis

引用次数: 0

Abstract

ABSTRACT Innovative firms use patents to signal the quality of their R&D teams in evaluation processes affected by asymmetric information. Examples of these processes occur when applying for finance from external sources or when searching for collaboration partners for innovation projects. In this paper we provide evidence that, in these cases, firms' external agents undervalue patents of female R&D teams as compared to patents of male R&D teams. We investigate this issue using data of Spanish innovating firms from PITEC, spanning 2005–2014, a panel database that follows the structure of the European Community Innovation Surveys (CIS). We interpret our results as consistent with an evaluation bias against female researchers, making them to be subject to a greater scrutiny as compared to their male counterparts, and thereby suggesting the existence of gender discrimination in R&D.

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创新企业中女性研发团队与专利的质量信号

摘要创新型企业在受信息不对称影响的评估过程中，使用专利来表明其研发团队的质量。这些流程的例子出现在从外部来源申请资金或为创新项目寻找合作伙伴时。在本文中，我们提供的证据表明，在这些情况下，与男性研发团队的专利相比，企业的外部代理人低估了女性研发团队的价值。我们使用来自PITEC的西班牙创新公司的数据来调查这个问题，该数据涵盖2005-2014年，这是一个遵循欧洲共同体创新调查（CIS）结构的面板数据库。我们将我们的研究结果解释为与对女性研究人员的评估偏见一致，这使她们与男性研究人员相比受到了更严格的审查，从而表明研发中存在性别歧视。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Economics of Innovation and New Technology ECONOMICS-

CiteScore

7.20

自引率

3.00%

发文量

期刊介绍： Economics of Innovation and New Technology is devoted to the theoretical and empirical analysis of the determinants and effects of innovation, new technology and technological knowledge. The journal aims to provide a bridge between different strands of literature and different contributions of economic theory and empirical economics. This bridge is built in two ways. First, by encouraging empirical research (including case studies, econometric work and historical research), evaluating existing economic theory, and suggesting appropriate directions for future effort in theoretical work. Second, by exploring ways of applying and testing existing areas of theory to the economics of innovation and new technology, and ways of using theoretical insights to inform data collection and other empirical research. The journal welcomes contributions across a wide range of issues concerned with innovation, including: the generation of new technological knowledge, innovation in product markets, process innovation, patenting, adoption, diffusion, innovation and technology policy, international competitiveness, standardization and network externalities, innovation and growth, technology transfer, innovation and market structure, innovation and the environment, and across a broad range of economic activity not just in ‘high technology’ areas. The journal is open to a variety of methodological approaches ranging from case studies to econometric exercises with sound theoretical modelling, empirical evidence both longitudinal and cross-sectional about technologies, regions, firms, industries and countries.