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Innovation Pays Off—Especially with University Partners

  • Research
  • Innovation Management
124 views

Using 2,986 Latin American firms from 2009–2017 (LAIS), I test whether university collaboration strengthens the link between innovation spending and innovation outcomes. Findings: First, spending is positively related to outcomes, and collaboration significantly amplifies that payoff, resulting in the same budget and more innovation with a university partner. Collaboration quality matters. Managerially: co-design projects, align on IP, invest in advanced skills, and “rent” academic capabilities to de-risk R&D.

Keywords
  • (10 maximum) Innovation, Absorptive capacity, Amérique latine, analyse de modération, capacité d’absorption, capital humain, collaboration université-industrie, dépenses de R&D, Evolutionary Economic Theory, firm performance, human capital, innovation, Innovation outcomes, Latin America, Moderation analysis, performance des entreprises, R&D expenditure, résultats de l’innovation, théorie économique évolutionniste, University–industry collaboration

Author(s)

PLATA Carlos
Assistant Professor
EM Normandie

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