Although R&D has been highlighted as the main source of firm-level innovations, a significant group of firms develop innovations without performing R&D activities. The primary goal of this study is to understand the sources of innovation in such firms. To accomplish this goal, we explore the role played by other, non-R&D activities that can lead to innovation - activities such as technology forecasting, design, use of advanced manufacturing technologies and training. Our empirical analysis is based on a representative panel of Spanish manufacturing firms. The results strongly support the view that non-R&D activities are critical factors in explaining both product and process innovations attained by any firm, especially in the case of firms not performing R&D. Academic, managerial, and policy implications are derived from these results.
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advanced manufacturing technology;
Document Type: Research Article
Departamento de Fundamentos del Analisis Economico II, Universidad Complutense de Madrid., Madrid, Spain
Seccion de Organizacion de Empresas, Universidad Carlos III de Madrid, Madrid, Spain
Departamento de Economia de la Empresa, Universidad Carlos III de Madrid, Madrid, Spain
Publication date: 2011-04-01
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