Research Policy最新文献

{"title":"The performance of government-backed venture capital investments","authors":"Stefan Köppl ,&nbsp;Monika Köppl-Turyna ,&nbsp;Dimitris Christopoulos","doi":"10.1016/j.respol.2025.105270","DOIUrl":"10.1016/j.respol.2025.105270","url":null,"abstract":"<div><div>In this research, we analyzed how different types of venture capital investments—private, public, and indirect public—affected the performance of portfolio companies. We used data of &gt;20,000 VC deals in Europe between 2000 and 2018 from different institutional settings (public/indirect/private) that included almost 5000 investors. We found that public VC investors performed consistently worse than purely private ones, while indirect public investments (such as the “Juncker Plan” or InvestEU investments) performed consistently better. We associate these findings with the access of public funds to specific cliques of investors. In contrast, indirect funds invested in funds with comparatively better network profiles. This means that indirect public investors were capable of picking the best-performing funds but did not add any value above this. We confirmed the main conclusions using instrumental variable specifications.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 8","pages":"Article 105270"},"PeriodicalIF":7.5,"publicationDate":"2025-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144212265","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Institutionalizing social entrepreneurship in the Global South: How intermediaries work around the indigenous solidarity economy in Colombia","authors":"Addisu A. Lashitew ,&nbsp;Eugenia Rosca","doi":"10.1016/j.respol.2025.105268","DOIUrl":"10.1016/j.respol.2025.105268","url":null,"abstract":"<div><div>Existing research on sustainability transitions has primarily focused on technological change within national innovation systems, often overlooking social change and global interdependencies. This study examines the emergence of social entrepreneurship as a global sustainability niche that offers an alternative institutional rationality to the prevailing commercial entrepreneurship regime. We introduce a framework that depicts how sustainability transitions unfold across regional subsystems, where intermediaries connecting the Global North and South facilitate niche transfer through institution-building initiatives. Applying the framework to Colombia, we examine how intermediaries from the Global North shape the institutionalization of social entrepreneurship in the Global South along regulative, cognitive, and normative domains. The results reveal how an inchoate institutional environment enables well-resourced Northern intermediaries to play an outsized role in shaping local institutions. Power asymmetries and limited downward accountability reduce the reflexivity of intermediaries leading institutionalization processes, creating tensions with the country's indigenous solidarity economy organizations. The study contributes to the literature on sustainability transitions by unravelling the promises and challenges of foreign-led institutionalization of sustainability niches in the Global South.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 7","pages":"Article 105268"},"PeriodicalIF":7.5,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144195806","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Varieties of agglomeration: Disentangling horizontal and vertical agglomeration within the manufacturing sector in the United States","authors":"Nikhil Kalathil ,&nbsp;Lauren Lanahan ,&nbsp;Maryann Feldman ,&nbsp;Erica R.H Fuchs","doi":"10.1016/j.respol.2025.105272","DOIUrl":"10.1016/j.respol.2025.105272","url":null,"abstract":"<div><div>We decompose regional agglomerations into two components that differentiate between horizontal (co-location with peer industries) and vertical (co-location with suppliers) agglomeration. Using employment and establishment data at the US county level and the six-digit industry level, we demonstrate that manufacturing industries and regions that would otherwise look similar, in fact vary in their degree of vertical and horizontal agglomeration. Industries with a higher contribution of manufactured goods to overall inputs' value are correlated with vertical agglomeration, while more R&amp;D intensive industries are correlated with horizontal agglomeration. Using the semiconductor industry as an illustrative example, we document how heterogeneity in industry-county rates of vertical and horizontal agglomeration reflects differences in the products manufactured. These industry-level and within-industry differences are under-observed and sometimes obfuscated by existing agglomeration measures. We conclude with a theoretical framework for regional and industrial policy interventions.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 7","pages":"Article 105272"},"PeriodicalIF":7.5,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144195925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Autonomous inventions, problem formulation, and inventive outcomes","authors":"Jiho Yang ,&nbsp;Paola Criscuolo ,&nbsp;Dmitry Sharapov","doi":"10.1016/j.respol.2025.105271","DOIUrl":"10.1016/j.respol.2025.105271","url":null,"abstract":"<div><div>Prior research on creativity by R&amp;D teams has highlighted that autonomy in deciding <em>how</em> to solve a given problem (operational autonomy) positively influences creativity. However, R&amp;D teams may also have autonomy in choosing <em>which</em> problems to address (strategic autonomy), the effects of which remain underexplored. This study examines how strategic autonomy influences the cognitive process of problem representation and in turn, the creativity of inventions produced by R&amp;D teams. Leveraging a unique dataset consisting of descriptions of problems in invention disclosures by R&amp;D professionals of a firm, along with information on whether an invention was autonomously initiated, we find that problem representation complexity is lower for autonomous inventions, or inventions for which R&amp;D teams exert strategic autonomy to identify problems themselves, than top-down inventions for which problems are identified and assigned to them by managers. We further find that domain expertise and multi-project engagement of team members moderate this relationship, and that lower problem representation complexity in turn relates to lower creativity of inventions. By uncovering a novel mechanism through which autonomy negatively affects creativity, this study contributes to the literatures on creativity, innovation, and organizational design.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 7","pages":"Article 105271"},"PeriodicalIF":7.5,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144195807","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Home vs office: Does workspace design influence where academics conduct their research?","authors":"Alessandra Migliore ,&nbsp;Cristina Rossi-Lamastra ,&nbsp;Chiara Tagliaro","doi":"10.1016/j.respol.2025.105269","DOIUrl":"10.1016/j.respol.2025.105269","url":null,"abstract":"<div><div>This study investigates whether and how the spatial design of the workspace influences academics' choices to work at the university or from home (WFH) for their research activities. Following the organizational space literature, we conceptualize spaces for research work through four building blocks of spatial design (<em>i.e.</em>, physical structure, perceived workplace arrangements, distance, and spatial scale). We analyze how these four building blocks influence academics' daily work organization between home and office, and whether this influence varies across disciplines. The empirical part of the study relies on a unique dataset combining primary and secondary data on Italian academics across all disciplines. The findings emphasize the importance of space design in academic work organization. They also reveal that the influence of spatial design features varies across disciplines. Each discipline has its unique work organization and range of tasks, leading to distinct spatial requirements. Additional analyses show that the decision over where to work influences scientific productivity. The paper contributes to the literature on academic work organization, organizational spaces, and remote working.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 7","pages":"Article 105269"},"PeriodicalIF":7.5,"publicationDate":"2025-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144166686","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The effect of relieving time constraints on the business performance of women-owned businesses: A field experiment","authors":"Solène Delecourt","doi":"10.1016/j.respol.2025.105231","DOIUrl":"10.1016/j.respol.2025.105231","url":null,"abstract":"<div><div>Women business owners typically earn less than their male counterparts. Previous research has shown that unconditional cash transfers increase business performance for men but not women. One possible explanation is that female business owners may face unique constraints and, as a result, may not spend the unconditional cash transfer on their business. In this paper, I test whether providing time-saving services to women-owned businesses can boost their performance. Unlike cash, this intervention is not transferable to other household members. I reanalyze data from a field experiment, in which working mothers in Kenya were randomly assigned to receive cash, time-saving services (free meals and laundry), or to a control group. I focus on a subsample of working mothers who are business owners (<em>N</em> = 557). My results show that those who received time-saving services reported a 70.4 % increase in revenue compared to the control group. In line with prior findings, cash recipients did not outperform the control group. The cash was frequently spent on household expenses like food and school fees, potentially explaining its failure to increase revenues. These findings suggest that time-saving interventions may effectively contribute to closing the gender gap in business performance by alleviating burdensome chores that disproportionately affect women. My study highlights the potential impact of targeted interventions to boost the performance of women-owned businesses, emphasizing the need for nuanced approaches to foster inclusive business environments worldwide.</div></div><div><h3>Significance statement</h3><div>Research suggests that providing cash to business owners increases business performance for men but not women. I propose and show evidence that cash interventions may not benefit women as much as men due to gender-specific expectations and constraints – like higher chore demands – that cash transfers do not directly address. In this paper, I test an alternative intervention that directly addresses these gendered time constraints: time-saving services. Analyzing data from a previously run field experiment, I show that small business owners who receive time-saving services report a 70.4 % increase in earnings compared to those who receive cash. My paper provides some of the most rigorous evidence to date showing that time-saving interventions such as meal and laundry services may effectively narrow the gender gap in business performance. Such insights could help individuals, policymakers, and organizational leaders design policies to close the gender gap in business performance by removing the chore burdens that uniquely affect women.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 7","pages":"Article 105231"},"PeriodicalIF":7.5,"publicationDate":"2025-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144147866","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"From virtuous to vicious cycles – towards a life cycle model of technology deployment policies","authors":"Joris Dehler-Holland","doi":"10.1016/j.respol.2025.105267","DOIUrl":"10.1016/j.respol.2025.105267","url":null,"abstract":"<div><div>The management of sustainability transitions often includes action to accelerate technological change. Deployment policies are essential measures to increase the adoption of technologies and spur technological development. However, processes of technological development often follow non-linear pathways, and aligning policy and technological development is challenging. This paper links technological innovation systems (TIS) and their dynamics to the policy feedback framework based on the notion that policies shape future politics. Most significantly, the explicit consideration of TIS processes and progress allows for a more nuanced view of how policy effects turn into feedback and for assessing the co-evolution of TIS and policy over time. This framework is applied to study the case of the German Renewable Energy Act (EEG, 1999–2017). The case study provides evidence that the virtuous cycles of rapid TIS development also increase the odds of growing negative feedback based on rising policy costs, competition within sectors, and increasing technology side effects, opening up windows of opportunity for policy change. Based on these observations, this paper proposes an ideal-typical technology deployment policy life cycle model that describes how TIS, the focal policy, and their context co-evolve in a reciprocal process for the case of the EEG. The discussion sheds light on how deployment policies trigger search processes within the TIS that may encroach national borders to satisfy technology demand. Such search processes fuel political optimism. Rising policy costs and side effects, however, produce policy feedback limiting political leverage. The proposition of a model of how the linkages between policy and technology unfold over time contributes to understanding the timing of policies within sustainability transitions.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 7","pages":"Article 105267"},"PeriodicalIF":7.5,"publicationDate":"2025-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144137681","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Female neighbors and careers in science","authors":"Sofoklis Goulas ,&nbsp;Rigissa Megalokonomou ,&nbsp;Yi Zhang","doi":"10.1016/j.respol.2025.105229","DOIUrl":"10.1016/j.respol.2025.105229","url":null,"abstract":"<div><div>How much does your neighbor impact your test scores and career? In this paper, we examine how an observable characteristic of same-age neighbors—their gender—affects a variety of high school and university outcomes. We exploit randomness in the gender composition of local cohorts at birth from one year to the next. In a setting in which school assignment is based on proximity to residential address, we define as neighbors all same-cohort peers who attend neighboring schools. Using new administrative data for the universe of students in consecutive cohorts in Greece, we find that a higher share of female neighbors improves both male and female students’ high school and university outcomes. We also find that female students are more likely to enroll in STEM disciplines that promote innovation and pursue more financially rewarding career paths when they are exposed to a higher share of female neighbors. We collect rich qualitative geographic data on communal spaces (e.g., churches, libraries, parks, Scouts and sports fields) to understand whether access to spaces of social interaction drives neighbor effects. We find that communal facilities amplify neighbor effects among females.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 7","pages":"Article 105229"},"PeriodicalIF":7.5,"publicationDate":"2025-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144106437","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Platform design and governance in industrial markets: Charting the meta-organizational logic","authors":"Virginia Springer ,&nbsp;Krithika Randhawa ,&nbsp;Marin Jovanović ,&nbsp;Paavo Ritala ,&nbsp;Frank T. Piller","doi":"10.1016/j.respol.2025.105236","DOIUrl":"10.1016/j.respol.2025.105236","url":null,"abstract":"<div><div>Industrial business-to-business (B2B) platforms are meta-organizations (i.e., organizations of organizations) that typically integrate digital assets with physical products such as machinery or equipment, often operating in specialized contexts with a limited network of complementors and end users. These characteristics distinguish B2B platforms from their business-to-consumer (B2C) counterparts, as they are defined by distinctive design features and governance drivers. Yet, the current platform literature predominantly focuses on B2C markets, leaving a critical gap in understanding the design and governance of B2B platforms in industrial contexts. We address this gap by adopting a meta-organizational perspective on B2B platforms in industrial markets to examine how the distinct design features of B2B platforms shape their meta-organizational governance. First, we uncover distinctive design features of B2B platforms across three dimensions: platform market, platform architecture, and cyber-physical integration. Building on these features and evidence from the emerging literature, we classify B2B platforms into five dominant archetypes: matchmaker, application marketplace, solution enabler, consortium, and decentralized autonomous platforms. Second, we theorize that the governance of these archetypes is shaped by their design features and revolves around two main dimensions: control rights (i.e., enforcement authority) and decision rights (i.e., autonomy over platform assets). These dimensions underpin distinct governance models, which we label unified, collaborative, regulated, and algorithmic governance. We consolidate these insights into an organizing framework of B2B platform governance and contribute to the literature in four ways: (1) providing a nuanced understanding of B2B platform design and governance, (2) identifying distinct archetypes and developing a framework for B2B platform governance, (3) explaining how B2B platform design features influence governance models, and (4) setting a research agenda to strengthen the design and governance of B2B platforms. By broadening our understanding of platforms as meta-organizations, we advance knowledge of how B2B platforms create and capture value in industrial markets.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 6","pages":"Article 105236"},"PeriodicalIF":7.5,"publicationDate":"2025-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143898776","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Mixed methods research in technology and innovation management (TIM): A review of three leading TIM journals and recommendations for moving forward","authors":"Taeyoung Park ,&nbsp;Jae-Yun Ho","doi":"10.1016/j.respol.2025.105256","DOIUrl":"10.1016/j.respol.2025.105256","url":null,"abstract":"<div><div>Mixed methods research is considered valuable for understanding the increasingly complex and disrupted nature of innovation, yet relevant methodological discussions are scarce in the field of technology and innovation management (TIM). To address this research gap, this study explores the current landscape of mixed methods research in the TIM field (including prevalence rate, rationales, research types, rigors, and challenges) by reviewing peer-reviewed articles published in three leading TIM journals and conducting interviews with their editors and selected authors. This study identifies a lower prevalence rate of mixed methods research than in other business disciplines despite its added value in the TIM field. This may be partly because of the additional challenges in research and publication (such as a lack of references for atypical research designs and more work required by the reviewing team), given the predominant engagement of TIM researchers in quantitative research. The study concludes by providing practical recommendations for the TIM research community to promote more mixed methods research. Most importantly, further research and methodological discussions are needed to support the education and training of experts using mixed methods, which can be facilitated by the current study.</div></div>","PeriodicalId":48466,"journal":{"name":"Research Policy","volume":"54 6","pages":"Article 105256"},"PeriodicalIF":7.5,"publicationDate":"2025-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143898775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}