Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities

Autores
Arza, Valeria; Cirera, Xavier; Colonna, Agustina; Lopez, Emanuel
Año de publicación
2020
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Argentina’s private investment in research and development is well below that of its peers. One important reason may be low and very heterogeneous returns to research and development activities on productivity. This paper uses novel microdata to estimate the returns to research and development and understand the contextual factors that shape their heterogeneity. The paper groups these context-based factors into knowledge complementary factors (that is, factors that affect the returns via learning capabilities from external sources of knowledge) and market complementary factors (factors that act via business capabilities to appropriate the returns to research and development investments). The paper hypothesizes that the effects of contextual factors depend on firms’ management capabilities and attitudes (innovative capacity), which determine firms’ ability to benefit from the context. The findings suggest that the returns are indeed heterogeneous across regions and sectors, and these results depend on some context-based factors, which can boost or depress the returns to R&D. The results have important policy implications, considering the effectiveness of innovation policies, need for adapting to specific regions and sectors, and maximization of the impact of these factors on the returns to research and development.
Fil: Arza, Valeria. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Fil: Cirera, Xavier. Banco Mundial; Estados Unidos
Fil: Colonna, Agustina. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina
Fil: Lopez, Emanuel. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Materia
Productivity
Innovation
Complementary factors
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/168995
Acceder
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spelling Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementaritiesArza, ValeriaCirera, XavierColonna, AgustinaLopez, EmanuelProductivityInnovationComplementary factorshttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5Argentina’s private investment in research and development is well below that of its peers. One important reason may be low and very heterogeneous returns to research and development activities on productivity. This paper uses novel microdata to estimate the returns to research and development and understand the contextual factors that shape their heterogeneity. The paper groups these context-based factors into knowledge complementary factors (that is, factors that affect the returns via learning capabilities from external sources of knowledge) and market complementary factors (factors that act via business capabilities to appropriate the returns to research and development investments). The paper hypothesizes that the effects of contextual factors depend on firms’ management capabilities and attitudes (innovative capacity), which determine firms’ ability to benefit from the context. The findings suggest that the returns are indeed heterogeneous across regions and sectors, and these results depend on some context-based factors, which can boost or depress the returns to R&D. The results have important policy implications, considering the effectiveness of innovation policies, need for adapting to specific regions and sectors, and maximization of the impact of these factors on the returns to research and development.Fil: Arza, Valeria. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaFil: Cirera, Xavier. Banco Mundial; Estados UnidosFil: Colonna, Agustina. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; ArgentinaFil: Lopez, Emanuel. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaWorld Bank2020-04info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/168995Arza, Valeria; Cirera, Xavier; Colonna, Agustina; Lopez, Emanuel; Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities; World Bank; World Bank Policy Research Working Paper; 2020; 9219; 4-2020; 1-561813-94501813-9450CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/http://documents.worldbank.org/curated/en/875751587646359023/Explaining-Differences-in-the-Returns-to-R-D-in-Argentina-The-Role-of-Contextual-Factors-and-Complementaritiesinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-10T13:16:54Zoai:ri.conicet.gov.ar:11336/168995instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-10 13:16:54.712CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
title Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
spellingShingle Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
Arza, Valeria
Productivity
Innovation
Complementary factors
title_short Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
title_full Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
title_fullStr Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
title_full_unstemmed Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
title_sort Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
dc.creator.none.fl_str_mv Arza, Valeria
Cirera, Xavier
Colonna, Agustina
Lopez, Emanuel
author Arza, Valeria
author_facet Arza, Valeria
Cirera, Xavier
Colonna, Agustina
Lopez, Emanuel
author_role author
author2 Cirera, Xavier
Colonna, Agustina
Lopez, Emanuel
author2_role author
author
author
dc.subject.none.fl_str_mv Productivity
Innovation
Complementary factors
topic Productivity
Innovation
Complementary factors
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv Argentina’s private investment in research and development is well below that of its peers. One important reason may be low and very heterogeneous returns to research and development activities on productivity. This paper uses novel microdata to estimate the returns to research and development and understand the contextual factors that shape their heterogeneity. The paper groups these context-based factors into knowledge complementary factors (that is, factors that affect the returns via learning capabilities from external sources of knowledge) and market complementary factors (factors that act via business capabilities to appropriate the returns to research and development investments). The paper hypothesizes that the effects of contextual factors depend on firms’ management capabilities and attitudes (innovative capacity), which determine firms’ ability to benefit from the context. The findings suggest that the returns are indeed heterogeneous across regions and sectors, and these results depend on some context-based factors, which can boost or depress the returns to R&D. The results have important policy implications, considering the effectiveness of innovation policies, need for adapting to specific regions and sectors, and maximization of the impact of these factors on the returns to research and development.
Fil: Arza, Valeria. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Fil: Cirera, Xavier. Banco Mundial; Estados Unidos
Fil: Colonna, Agustina. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina
Fil: Lopez, Emanuel. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
description Argentina’s private investment in research and development is well below that of its peers. One important reason may be low and very heterogeneous returns to research and development activities on productivity. This paper uses novel microdata to estimate the returns to research and development and understand the contextual factors that shape their heterogeneity. The paper groups these context-based factors into knowledge complementary factors (that is, factors that affect the returns via learning capabilities from external sources of knowledge) and market complementary factors (factors that act via business capabilities to appropriate the returns to research and development investments). The paper hypothesizes that the effects of contextual factors depend on firms’ management capabilities and attitudes (innovative capacity), which determine firms’ ability to benefit from the context. The findings suggest that the returns are indeed heterogeneous across regions and sectors, and these results depend on some context-based factors, which can boost or depress the returns to R&D. The results have important policy implications, considering the effectiveness of innovation policies, need for adapting to specific regions and sectors, and maximization of the impact of these factors on the returns to research and development.
publishDate 2020
dc.date.none.fl_str_mv 2020-04
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/168995
Arza, Valeria; Cirera, Xavier; Colonna, Agustina; Lopez, Emanuel; Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities; World Bank; World Bank Policy Research Working Paper; 2020; 9219; 4-2020; 1-56
1813-9450
1813-9450
CONICET Digital
CONICET
url http://hdl.handle.net/11336/168995
identifier_str_mv Arza, Valeria; Cirera, Xavier; Colonna, Agustina; Lopez, Emanuel; Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities; World Bank; World Bank Policy Research Working Paper; 2020; 9219; 4-2020; 1-56
1813-9450
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/http://documents.worldbank.org/curated/en/875751587646359023/Explaining-Differences-in-the-Returns-to-R-D-in-Argentina-The-Role-of-Contextual-Factors-and-Complementarities
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv World Bank
publisher.none.fl_str_mv World Bank
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 12.993085

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