Observatorio de I+D+i UPM

Memorias de investigación
Artículos en revistas:
Public Finance of R&D and the Obstacles to Innovation: The Case of Spain
Año:2018
Áreas de investigación
  • Economía,
  • Empresa
Datos
Descripción
This paper examines the importance of public financing in R&D for Spanish companies and the correlation that exists between this kind of finance and the obstacles they encounter when innovating. For this, we have used a series of data obtained from the Technological Innovation Panel (PITEC) database for the year 2014. The number of observations used in this study is 7.071 and the models that are being developed are the Logit and Tobit models. From the analysis of these models, we conclude that the main obstacles that are relevant for the firms are related to the cost and knowledge factors, such as the lack of funding from outside sources or the excessive cost of innovation. However, market factors are not considered important for the companies, which always find a reason to innovate. Last but not least, we suggest which firms have the best chance of receiving public finance and make some reflections about the Spanish economy.
Internacional
Si
JCR del ISI
No
Título de la revista
International Journal of Social Science Studies
ISSN
2324-8033
Factor de impacto JCR
Información de impacto
Volumen
6
DOI
10.11114/ijsss.v6i12.3459
Número de revista
12
Desde la página
1
Hasta la página
21
Mes
DICIEMBRE
Ranking
Esta actividad pertenece a memorias de investigación
Participantes
  • Autor: Jose Maria Fernandez-Crehuet Santos (UPM)
Grupos de investigación, Departamentos, Centros e Institutos de I+D+i relacionados
  • Creador: Grupo de Investigación: Innovación, Propiedad industrial y Política tecnológica (INNOPRO)
  • Departamento: Ingeniería de Organización, Administración de Empresas y Estadística
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