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Innovation in firms, resilience and the economic downturn: insights from CIS data in Portugal

2019-11Journal article Restricted
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dc.contributor.authorPinto, Hugo
dc.contributor.authorPereira, Tiago Santos
dc.contributor.authorUyarra, Elvira
dc.date.accessioned2020-07-24T10:51:05Z
dc.date.available2020-07-24T10:51:05Z
dc.date.issued2019-11
dc.description.abstractThere is an interest in understanding the effect of economic crises such as the one that hit the financial markets in the late 2000s, on the innovation performance of countries and regions. This paper introduces the concept of "resilience of innovation" to illustrate how the economic slowdown affects firms' behaviour in terms of their ability to maintain and develop innovative activities and deploy product and process innovation. Using Portugal as a case study-an EU member-state that was heavily affected by the economic downturn-this paper explores the data collected from four waves of the Community Innovation Survey from 2006 to 2012. It presents two-stage limited dependent variable models to understand the changing impacts of structural factors, innovative activities and strategies in terms of exploration and exploitation of knowledge on the development of product and process innovation. We find knowledge exploration to be particularly important for product innovation, while exploitation is a strong determinant for process innovation. Size, market knowledge sources and public funding for innovation are positively associated with both types of innovation in the peak of the crisis. This reiterates the importance of innovation support efforts to mitigate the effects of economic shocks and boost recovery.
dc.description.sponsorshipFCTPortuguese Foundation for Science and Technology [DL57/2016/CP1341/CT0013, SFRH/BPD/84038/2012]
dc.description.versioninfo:eu-repo/semantics/publishedVersion
dc.identifier.doi10.1111/rsp3.12243
dc.identifier.issn1757-7802
dc.identifier.urihttp://hdl.handle.net/10400.1/14194
dc.language.isoeng
dc.peerreviewedyes
dc.publisherWiley
dc.subjectRegional resilience
dc.subjectSample selection
dc.subjectCrisis
dc.subjectPersistence
dc.subjectExploration
dc.subjectExploitation
dc.subjectCooperation
dc.subjectPerformance
dc.subjectModels
dc.subjectImpact
dc.titleInnovation in firms, resilience and the economic downturn: insights from CIS data in Portugal
dc.typejournal article
dspace.entity.typePublication
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/SFRH/SFRH%2FBPD%2F84038%2F2012/PT
oaire.citation.titleRegional Science Policy and Practice
oaire.fundingStreamSFRH
person.familyNamePinto
person.givenNameHugo
person.identifier.ciencia-id1510-E2AE-B8D8
person.identifier.orcid0000-0002-8497-4798
person.identifier.ridA-1578-2018
person.identifier.scopus-author-id24759415100
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsrestrictedAccess
rcaap.typearticle
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relation.isAuthorOfPublication.latestForDiscovery6430e1af-78b9-4fae-a8f1-f8debd5e2e3a
relation.isProjectOfPublicationd429b851-ede2-4537-8e78-7c44fd4b67fa
relation.isProjectOfPublication.latestForDiscoveryd429b851-ede2-4537-8e78-7c44fd4b67fa

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