Cooperation for innovation in liberal market economies: STI and DUI innovation modes in SMEs in the United Kingdom

Parrilli, Mario Davide and Radicic, Dragana (2021) Cooperation for innovation in liberal market economies: STI and DUI innovation modes in SMEs in the United Kingdom. European Planning Studies . ISSN 0965-4313

Full content URL: https://doi.org/10.1080/09654313.2021.1935756

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Cooperation for innovation in liberal market economies: STI and DUI innovation modes in SMEs in the United Kingdom
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Abstract

This study focuses on the collaboration patterns that small firms
hold with other agents within liberal market economies and
identifies the collaborative drivers that in this context deliver a
superior impact on innovation output measured by product and
process innovations. To explore this research question, the study
combines the literature on innovation systems with a growing
literature on business innovation modes that studies whether
businesses are driven by science and technology factors (STI), or
experience-based factors such as learning-by-doing, by-using and
by-interacting (DUI). In the UK liberal market economy,
universities and research centres are expected to play a critical
role for innovation well beyond the typical impact they produce
in coordinated market economies. This hypothesis is largely
verified through our empirical evidence. Methodologically, this
research is developed through the application of propensity score
matching in the context of the UK longitudinal small business
survey (LSBS) for 2015.

Keywords:Small businesses, STI and DUI collaborations for innovation;, entrepreneurial innovation system, varieties of capitalism, United Kingdom
Subjects:N Business and Administrative studies > N110 European Business studies
Divisions:Lincoln International Business School
ID Code:45356
Deposited On:25 Jun 2021 15:10

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