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Persistence of cooperation on innovation: econometric evidence from panel micro data
- 1.0468767 - NHU-C 2017 RIV CZ eng J - Journal Article
Srholec, Martin
Persistence of cooperation on innovation: econometric evidence from panel micro data.
Prague Economic Papers. Roč. 25, č. 1 (2016), s. 53-70. ISSN 1210-0455. E-ISSN 2336-730X
Institutional support: PRVOUK-P23
Keywords : community innovation survey * cooperation * Czech Republic
Subject RIV: AH - Economics
Impact factor: 0.710, year: 2016 ; AIS: 0.108, rok: 2016
DOI: https://doi.org/10.18267/j.pep.536
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.
Permanent Link: http://hdl.handle.net/11104/0266593
Number of the records: 1