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Financial resources for research and innovation in small and larger firms: Is it a case of the more you have, the more you do?

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dc.contributor.author Perez-Alaniz, Mauricio
dc.contributor.author Lenihan, Helena
dc.contributor.author Doran, Justin
dc.contributor.author Hewitt-Dundas, Nola
dc.date.accessioned 2022-03-04T15:14:01Z
dc.date.available 2022-03-04T15:14:01Z
dc.date.issued 2022
dc.identifier.citation Perez-Alaniz, M. Lenihan, H., Doran, J., and Hewitt-Dundas, N. (2022) 'Financial resources for research and innovation in small and larger firms: Is it a case of the more you have, the more you do?'. Industry And Innovation, . en_US
dc.identifier.uri http://hdl.handle.net/10344/11095
dc.description peer-reviewed en_US
dc.description.abstract Our study analyses how firms’ internal financial resources impact their engagement in scientific research, development, and five innovation activities. Furthermore, we investigate how firm-size moderates the impact of firms’ internal financial resources on scientific research, development, and innovation. Our approach provides novel insights regarding whether more money leads to more research and innovation, a topic that remains highly con tested in the literature. Our analysis uses a novel unbalanced panel dataset of 1,446 firms in Ireland, over the period 2008–2016. Levels of internal financial resources are found to positively impact larger-sized firms’ (50+ employees) engagement in scientific research, process innovation and product innovation. However, such resources tend to hinder small-sized firms’ (less than 50 employees) engagement in service and organisational innovation. Our research refines innovation theory by reconciling contrasting views regarding the importance of financial resources for research and innovation, and offers novel insights for informing related public policy interventions. en_US
dc.language.iso eng en_US
dc.publisher Taylor and Francis en_US
dc.relation.ispartofseries Industry and Innovation;
dc.subject research and development en_US
dc.subject innovation en_US
dc.subject internal financial resources en_US
dc.subject small firms en_US
dc.title Financial resources for research and innovation in small and larger firms: Is it a case of the more you have, the more you do? en_US
dc.type info:eu-repo/semantics/article en_US
dc.type.supercollection all_ul_research en_US
dc.type.supercollection ul_published_reviewed en_US
dc.date.updated 2022-03-04T15:02:27Z
dc.description.version PUBLISHED
dc.identifier.doi https://doi.org/10.1080/13662716.2022.2036597
dc.contributor.sponsor SFI en_US
dc.relation.projectid 17/SPR/5328 en_US
dc.rights.accessrights info:eu-repo/semantics/openAccess en_US
dc.internal.rssid 3033452
dc.internal.copyrightchecked Yes
dc.identifier.journaltitle Industry And Innovation
dc.description.status peer-reviewed


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