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Persistence of cooperation on innovation : Econometric evidence from panel micro data

Srholec, Martin LU (2016) In Prague Economic Papers 25(1). p.53-70
Abstract

Arrangements to cooperate on innovation facilitate access to external sources of knowledge. By using panel data derived from the five waves of Community Innovation Survey in the Czech Republic, we examine whether firms engage in these arrangements persistently or rather revert to other behaviour. Econometric estimates of dynamic random effects and multivariate probit models provide strong support to the thesis of persistence, particularly of linkages with the university sector and suppliers. The results are robust to the initial conditions problem and serial correlation in idiosyncratic errors. Government programmes initiating cooperation on innovation therefore have the potential to induce durable changes in the innovative behaviour of... (More)

Arrangements to cooperate on innovation facilitate access to external sources of knowledge. By using panel data derived from the five waves of Community Innovation Survey in the Czech Republic, we examine whether firms engage in these arrangements persistently or rather revert to other behaviour. Econometric estimates of dynamic random effects and multivariate probit models provide strong support to the thesis of persistence, particularly of linkages with the university sector and suppliers. The results are robust to the initial conditions problem and serial correlation in idiosyncratic errors. Government programmes initiating cooperation on innovation therefore have the potential to induce durable changes in the innovative behaviour of firms.

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author
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Community innovation survey, Cooperation, Czech Republic, Innovation, Panel data, Persistence
in
Prague Economic Papers
volume
25
issue
1
pages
18 pages
publisher
University of Economics - Prague
external identifiers
  • scopus:84959483842
ISSN
1210-0455
DOI
10.18267/j.pep.536
language
English
LU publication?
no
id
eeedbead-2799-4ae7-8def-95ec19aa10f9
date added to LUP
2016-05-18 13:14:28
date last changed
2017-01-01 08:26:07
@article{eeedbead-2799-4ae7-8def-95ec19aa10f9,
  abstract     = {<p>Arrangements to cooperate on innovation facilitate access to external sources of knowledge. By using panel data derived from the five waves of Community Innovation Survey in the Czech Republic, we examine whether firms engage in these arrangements persistently or rather revert to other behaviour. Econometric estimates of dynamic random effects and multivariate probit models provide strong support to the thesis of persistence, particularly of linkages with the university sector and suppliers. The results are robust to the initial conditions problem and serial correlation in idiosyncratic errors. Government programmes initiating cooperation on innovation therefore have the potential to induce durable changes in the innovative behaviour of firms.</p>},
  author       = {Srholec, Martin},
  issn         = {1210-0455},
  keyword      = {Community innovation survey,Cooperation,Czech Republic,Innovation,Panel data,Persistence},
  language     = {eng},
  number       = {1},
  pages        = {53--70},
  publisher    = {University of Economics - Prague},
  series       = {Prague Economic Papers},
  title        = {Persistence of cooperation on innovation : Econometric evidence from panel micro data},
  url          = {http://dx.doi.org/10.18267/j.pep.536},
  volume       = {25},
  year         = {2016},
}