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Title: Reviving demand-pull perspectives: The effect of demand uncertainty and stagnancy on R&D strategy
Author: Garcia-Quevedo, Jose
Pellegrino, Gabriele
Savona, Maria
Keywords: Gestió de la innovació
Recerca industrial
Oferta i demanda
Innovation management
Industrial research
Supply and demand
Issue Date: 27-Sep-2016
Publisher: Oxford University Press
Abstract: This paper looks at the effects of demand uncertainty and stagnancy on firms' decisions to engage in R&D activities and the amount of financial effort devoted to these. The paper provides a number of contributions to the innovation literature: first, it adds to the revived debate on demand-pull perspectives in innovation studies by examining demand-related (lack of) incentives to invest in innovation. Second, it complements the literature on barriers to innovation by focusing on demand-related obstacles rather than the more frequently explored financial barriers. Third, it analyses whether experiencing demand barriers is a sector-specific feature. Firms active in high- or low-tech manufacturing or in knowledge-intensive or low-tech services might be more or less dependent on demand conditions when deciding to perform RΔ ...
Note: Versió postprint del document publicat a:
It is part of: Cambridge Journal of Economics, 2016, vol. 41, num. 4, p. 1087-1122
Related resource:
ISSN: 0309-166X
Appears in Collections:Articles publicats en revistes (Economia)

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