The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach

We analyze whether eco-innovation has a positive or negative influence on the business performance of companies and, through the complementarity approach, whether the joint implementation of R&D subsidy and R&D cooperation increases or decreases the sum of their respective individual impacts...

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Autores principales:	Manuel Guisado-González, María del Mar Rodríguez-Domínguez, Mercedes Vila-Alonso, Encarnación González-Vázquez
Formato:	article
Lenguaje:	ES
Publicado:	Elsevier 2021
Materias:	R&D subsidy R&D cooperation Eco-innovation Complementarity approach Business HF5001-6182
Acceso en línea:	https://doaj.org/article/a38d9e5fadc1425f8365107138885019
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spelling	oai:doaj.org-article:a38d9e5fadc1425f83651071388850192021-11-14T04:34:39ZThe relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach2444-883410.1016/j.iedeen.2021.100170https://doaj.org/article/a38d9e5fadc1425f83651071388850192021-09-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2444883421000292https://doaj.org/toc/2444-8834We analyze whether eco-innovation has a positive or negative influence on the business performance of companies and, through the complementarity approach, whether the joint implementation of R&D subsidy and R&D cooperation increases or decreases the sum of their respective individual impacts on the business performance. If the joint implementation is substitutive, business performance will be lower than potentially possible, so granting R&D subsidies under the condition of establishing R&D cooperation would not be an adequate policy to promote eco-innovation. The analyses were performed using data from the Technological Innovation Panel (PITEC) of 2013 for Spanish manufacturing companies. Our findings indicate that an eco-innovation-oriented strategy positively affects the labor productivity of companies and that receiving public aid as a consequence of establishing R&D cooperation agreements has a lower effect on labor productivity (non-eco-innovative companies), or the same effect (eco-innovative companies), compared to the sum of the individual impacts of R&D cooperation and R&D subsidy. Consequently, in non-eco-innovative companies the use of subsidized R&D cooperation is inadvisable, while their use in eco-innovative companies is neutral.Manuel Guisado-GonzálezMaría del Mar Rodríguez-DomínguezMercedes Vila-AlonsoEncarnación González-VázquezElsevierarticleR&D subsidyR&D cooperationEco-innovationComplementarity approachBusinessHF5001-6182ESEuropean Research on Management and Business Economics, Vol 27, Iss 3, Pp 100170- (2021)
institution	DOAJ
collection	DOAJ
language	ES
topic	R&D subsidy R&D cooperation Eco-innovation Complementarity approach Business HF5001-6182
spellingShingle	R&D subsidy R&D cooperation Eco-innovation Complementarity approach Business HF5001-6182 Manuel Guisado-González María del Mar Rodríguez-Domínguez Mercedes Vila-Alonso Encarnación González-Vázquez The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach
description	We analyze whether eco-innovation has a positive or negative influence on the business performance of companies and, through the complementarity approach, whether the joint implementation of R&D subsidy and R&D cooperation increases or decreases the sum of their respective individual impacts on the business performance. If the joint implementation is substitutive, business performance will be lower than potentially possible, so granting R&D subsidies under the condition of establishing R&D cooperation would not be an adequate policy to promote eco-innovation. The analyses were performed using data from the Technological Innovation Panel (PITEC) of 2013 for Spanish manufacturing companies. Our findings indicate that an eco-innovation-oriented strategy positively affects the labor productivity of companies and that receiving public aid as a consequence of establishing R&D cooperation agreements has a lower effect on labor productivity (non-eco-innovative companies), or the same effect (eco-innovative companies), compared to the sum of the individual impacts of R&D cooperation and R&D subsidy. Consequently, in non-eco-innovative companies the use of subsidized R&D cooperation is inadvisable, while their use in eco-innovative companies is neutral.
format	article
author	Manuel Guisado-González María del Mar Rodríguez-Domínguez Mercedes Vila-Alonso Encarnación González-Vázquez
author_facet	Manuel Guisado-González María del Mar Rodríguez-Domínguez Mercedes Vila-Alonso Encarnación González-Vázquez
author_sort	Manuel Guisado-González
title	The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach
title_short	The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach
title_full	The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach
title_fullStr	The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach
title_full_unstemmed	The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach
title_sort	relationship between r&d subsidy and r&d cooperation in eco-innovative companies. an analysis taking a complementarity approach
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/a38d9e5fadc1425f8365107138885019
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The relationship between R&D subsidy and R&D cooperation in eco-innovative companies. An analysis taking a complementarity approach

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