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Do workers share innovation returns? A study of the Spanish manufacturing sector

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dc.affiliation.dptoUC3M. Departamento de Economía de la Empresaes
dc.contributor.authorMartínez-Ros, Ester
dc.contributor.authorSalas Fumás, Vicente
dc.date.accessioned2010-04-23T16:23:12Z
dc.date.available2010-04-23T16:23:12Z
dc.date.issued2004
dc.description.abstractThis paper explores whether workers share innovation returns and how the size of innovation returns is affected by market conditions. Using a panel data of Spanish manufacturing firms during the period from 1990 to 1993, we answer affirmatively to both questions. Product and process innovations both generate returns, but such returns are higher for process innovations. The size of innovation returns seems to be affected positively by demand growth, by product standardization, and by low product market concentration. The three empirical results are in agreement with the theoretical predictions, such as Schmoockler's (1966) theory of demand-pool innovation, the price-elasticity of demand effects postulated by Kamien & Schwartz (1970), and the replacement effect suggested by Arrow (1962). At the time of generating returns, process innovations are more affected by market conditions than are other innovations.
dc.description.statusPublicado
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationManagemente Research, 2004, Vol. 2, No. 2, pp. 147-160
dc.identifier.issn1536-5433
dc.identifier.publicationfirstpage147
dc.identifier.publicationissue2
dc.identifier.publicationlastpage160
dc.identifier.publicationtitleManagemente Research
dc.identifier.publicationvolume2
dc.identifier.urihttps://hdl.handle.net/10016/7785
dc.language.isoeng
dc.publisherEmerald
dc.relation.publisherversionhttp://www.emeraldinsight.com/Insight/viewContentItem.do;jsessionid=C1FC661F4145FCFDD05AE0F0A979EBCA?contentType=Article&contentId=1839259
dc.rights©Emerald
dc.rights.accessRightsopen access
dc.subject.ecienciaEmpresa
dc.subject.otherDemand
dc.subject.otherInnovation returns
dc.subject.otherMarket conditions
dc.subject.otherProcess
dc.titleDo workers share innovation returns? A study of the Spanish manufacturing sector
dc.typeresearch article*
dc.type.reviewPeerReviewed
dspace.entity.typePublication
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