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The effectiveness of regional, national & EU support for innovation in the UK & Spain

From: 23 Mar 2018 - 14:00 To: 23 Mar 2018 - 16:00

The effectiveness of regional, national & EU support for innovation in the UK & Spain

Entrepreneurship lecturer Dr Bettina Becker from Aston Business School will present her research as part of the Economics Speaker Series this Friday

DEPARTMENT OF ECONOMICS VISITING SPEAKER SERIES

Dr Becker (Aston Business School, Aston University) will present a paper entitled The effectiveness of regional, national and EU support for innovation in the UK and Spain

  Date   Friday 23rd March                 
  Time   2:00 pm
  Venue   Room G.26, Aras na Laoi, UCC

Abstract
Innovation policy aims to stimulate innovation and hence firm-level productivity and growth. Here, we use data from the national innovation panel surveys in the UK and Spain over the 2004 to 2012 period to explore the effectiveness of regional, national and EU innovation support in promoting the extent of innovation activity, its novelty, and market success. Allowing for potential selection effects, our results suggest that regionalised support is most influential in increasing the probability of undertaking both process and organisational innovations. For both the UK and Spain, national innovation support is associated with a higher probability of product or service innovation, and the degree of novelty of product or service innovations. In terms of innovation success (sales) we see a rather different pattern in the UK and Spain. In the UK only regionalised support is associated with increased innovative sales. In Spain, innovative sales are influenced by both regional, national and EU support measures. Our results therefore suggest that moves towards more centralised innovation policy in the UK since 2012 may have impacted negatively on firms’ ability to effectively commercialise new innovations.

About the Speaker
Bettina Becker currently is a Lecturer in Entrepreneurship at Aston Business School. Previous appointments include Lecturer in Economics and Senior Research Officer at the National Institute of Economic and Social Research. Her research interests lie in innovation, in particular open innovation, innovation diffusion, innovation policy, including regional and institutional issues. She is also interested in the interface between innovation and entrepreneurship. Bettina is also a Senior Research Associate at the Enterprise Research Centre.

All very welcome to attend.  

For more information, contact the Department of Economics

 

 

Yen Vu