Does absorptive capacity determine collaboration returns to innovation? A geographical dimension
This paper aims to estimate the impact of collaboration in innovation activities with partners in different geographical areas on innovative performance. By using the Spanish Technological Innovation Panel, this study provides evidence that the benefits of collaboration differ across different dimensions of the geography. We find that the impact of extra-European cooperation on innovation performance is larger than that of national and European cooperation, indicating that firms tend to benefit more from interaction with international collaborators as a way to access new technologies or specialized and novel knowledge that they are unable to find locally. We also find evidence of the positive role played by absorptive capacity, concluding that it implies a higher premium on the innovation returns to cooperation in the international case and mainly in the European one.
JEL ClassificationL25 O31 O33 R1
The authors acknowledge financial support from the Ministerio de Ciencia e Innovación, ECO2011-30260-C03-03. Erika Badillo wishes to acknowledge the financial support from the AGAUR (Generalitat de Catalunya) through “the grant for universities and research centres for the recruitment of new research personnel (FI-DGR 2011)”. Rosina Moreno acknowledges financial support from Ayudas Fundación BBVA and the Program ICREA Acadèmia.
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