| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1093/cje/bew042 |
| ISBN | 0309-166X |
| Reviving demand-pull perspectives: the effect of demand uncertainty and stagnancy on R&D strategy. | |
| García-Quevedo, José; Pellegrino, Gabriele; Savona, Maria | |
| 发表日期 | 2016-09-27 |
| 出处 | Cambridge Journal of Economics |
| 出版者 | Oxford University Press |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | 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 R&D. We find that uncertain demand and lack of demand are perceived as two quite distinct barriers. While the perception of a lack of demand has a marked negative impact not only on the amount of investment in R&D but also the likelihood of firms to engage in R&D activities, demand uncertainty seems, on the contrary, to represent an incentive to spend more in R&D, although only in low-tech sectors. We interpret this evidence in terms of the specific phase of the innovation cycle in which decisions to invest in R&D are taken. Sectoral affiliation seems to be playing a role only for demand uncertainty, supporting the conjecture that positive expectations on the presence of adequate market demand are a necessary condition to invest in R&D. |
| URL | http://sro.sussex.ac.uk/id/eprint/64819/ |
| 来源智库 | Science Policy Research Unit (United Kingdom) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/468783 |
| 推荐引用方式 GB/T 7714 | García-Quevedo, José,Pellegrino, Gabriele,Savona, Maria. Reviving demand-pull perspectives: the effect of demand uncertainty and stagnancy on R&D strategy.. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| CJE_Revised Version （161KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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