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Reviving demand-pull perspectives: The effect of demand uncertainty and stagnancy on R&D strategy
Garcia-Quevedo, Jose; Pellegrino, Gabriele; Savona, Maria
Universitat de Barcelona
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 ...
-Gestió de la innovació
-Recerca industrial
-Oferta i demanda
-Innovation management
-Industrial research
-Supply and demand
(c) García, José, 1963- et al., 2016
Article
Article - Accepted version
Oxford University Press
         

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