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The role of firm R&D effort and collaboration as mediating drivers of innovation policy effectiveness

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  • Giovanni Cerulli
  • Roberto Gabriele
  • Bianca Potì

Abstract

This paper investigates the impact of firm R&D policies supporting R&D investment and collaboration on company innovation performance. Individual and cooperative R&D investments are considered as intermediate outcomes (input and behavioural additionality, respectively) contributing to the final outcome (probability of product innovation). We use a treatment random coefficient model to estimate the policy additionality on a panel data-set merging the third and the fourth wave of the Italian Community Innovation Survey. Results show a significant and positive policy impact on company propensity to product innovation only for the input additionality and for the interaction between the input and the cooperative additionality. This occurs when company cooperation scores overcome a given threshold, in accordance with the assumption that cooperation entails benefits but also coordination costs.

Suggested Citation

  • Giovanni Cerulli & Roberto Gabriele & Bianca Potì, 2016. "The role of firm R&D effort and collaboration as mediating drivers of innovation policy effectiveness," Industry and Innovation, Taylor & Francis Journals, vol. 23(5), pages 426-447, July.
  • Handle: RePEc:taf:indinn:v:23:y:2016:i:5:p:426-447
    DOI: 10.1080/13662716.2016.1169159
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    2. Bianchi, Mattia & Murtinu, Samuele & Scalera, Vittoria G., 2019. "R&D Subsidies as Dual Signals in Technological Collaborations," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    3. Crespi, Gustavo & Figal Garone, Lucas & Maffioli, Alessandro & Stein, Ernesto, 2020. "Public support to R&D, productivity, and spillover effects: Firm-level evidence from Chile," World Development, Elsevier, vol. 130(C).
    4. Chiara Bocci & Annalisa Caloffi & Marco Mariani & Alessandro Sterlacchini, 2023. "Evaluating Public Support to the Investment Activities of Business Firms: A Multilevel Meta-Regression Analysis of Italian Studies," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(1), pages 1-34, March.
    5. Kiman Kim & Sang Ok Choi & Sooyeon Lee, 2021. "The Effect of a Financial Support on Firm Innovation Collaboration and Output: Does Policy Work on the Diverse Nature of Firm Innovation?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 645-675, June.
    6. Scott W. Hegerty & Arkadiusz M. Kowalski & Małgorzata S. Lewandowska, 2023. "Complementarity of additionalities resulting from European Union funds: Perspective of the users of research infrastructures," Review of Policy Research, Policy Studies Organization, vol. 40(2), pages 307-331, March.
    7. Hailin Yao & Wei Huang, 2022. "Effect of R&D Subsidies on External Collaborative Networks and the Sustainable Innovation Performance of Strategic Emerging Enterprises: Evidence from China," Sustainability, MDPI, vol. 14(8), pages 1-19, April.
    8. Chapman, Gary & Lucena, Abel & Afcha, Sergio, 2018. "R&D subsidies & external collaborative breadth: Differential gains and the role of collaboration experience," Research Policy, Elsevier, vol. 47(3), pages 623-636.
    9. Zhang, Dongyang & Guo, Rui & He, Xiaodan, 2022. "How does the exclusive license stimulate firm’s subsequent innovation? The role of innovation financial input," Research in International Business and Finance, Elsevier, vol. 60(C).
    10. Claudia Cantabene & Iacopo Grassi, 2020. "R&D cooperation in SMEs: the direct effect and the moderating role of human capital," Applied Economics, Taylor & Francis Journals, vol. 52(28), pages 3090-3105, June.
    11. Kowalski Arkadiusz Michał & Mackiewicz Marta, 2022. "Behavioral additionality: the role of cooperation with research institutions in fostering technological maturity of enterprises," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 58(2), pages 179-191, June.
    12. Paulina Kubera, 2018. "Moving beyond the ‘black box’ approach to public interventions promoting research, development and innovation. The concept of behavioural additionality (Otwieranie „czarnej skrzynki” interwencji publi," Research Reports, University of Warsaw, Faculty of Management, vol. 2(28), pages 52-64.
    13. Alessandro De Palma & Marco Faillo & Roberto Gabriele, 2023. "Decentralized Energy: How 100% Renewable Energy Regions Affect Households’ Saving Behavior," Discussion Papers of DIW Berlin 2055, DIW Berlin, German Institute for Economic Research.

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