All Outputs (13)

The role of public external knowledge for firm innovativeness (2024)
Journal Article
García-Vega, M., & Vicente-Chirivella, Ó. (2024). The role of public external knowledge for firm innovativeness. International Journal of Industrial Organization, 93, Article 103056. https://doi.org/10.1016/j.ijindorg.2024.103056

Public research organizations (PROs) and universities receive large amounts of public funding for the generation and transmission of knowledge, and companies contract external knowledge from both. An important question for the management of a firm's... Read More about The role of public external knowledge for firm innovativeness.

R&D restructuring during the Great Recession and young firms (2022)
Journal Article
Garcia-Vega, M. (2022). R&D restructuring during the Great Recession and young firms. International Journal of Industrial Organization, 81, Article 102819. https://doi.org/10.1016/j.ijindorg.2021.102819

In this paper, I examine whether the Great Recession of the late 2000s (henceforth abbreviated as GR) had an effect on the organization of R&D in young versus older firms. Using a difference-in-difference approach and propensity score reweighting est... Read More about R&D restructuring during the Great Recession and young firms.

Labor market reform and innovation: Evidence from Spain (2021)
Journal Article
García-Vega, M., Kneller, R., & Stiebale, J. (2021). Labor market reform and innovation: Evidence from Spain. Research Policy, 50(5), Article 104213. https://doi.org/10.1016/j.respol.2021.104213

We analyze the effect of a labor market reform on firms' product innovation. The reform , which amounts to a natural experiment, differentially reduced firing costs for some firms, thereby lowering adjustment costs in the presence of demand uncertain... Read More about Labor market reform and innovation: Evidence from Spain.

Organization of R&D outsourcing: Asymmetric cross‐effects between locations (2021)
Journal Article
García-Vega, M., & Huergo, E. (2021). Organization of R&D outsourcing: Asymmetric cross‐effects between locations. Journal of Economics and Management Strategy, 30, 503-524. https://doi.org/10.1111/jems.12422

When companies acquire R&D from external national providers, would they benefit if they also acquired knowledge from foreign providers? And the other way around? These questions are important for the organization of firm knowledge-based activies and... Read More about Organization of R&D outsourcing: Asymmetric cross‐effects between locations.

Do university technology transfers increase firms’ innovation? (2020)
Journal Article
García-Vega, M., & Vicente-Chirivella, Ó. (2020). Do university technology transfers increase firms’ innovation?. European Economic Review, 123, 103388. https://doi.org/10.1016/j.euroecorev.2020.103388

We investigate how technology transfers from universities to private firms influence firm innovativeness. Using data on R&D acquisitions from universities of more than 10,000 Spanish firms for the period 2005-2013 and applying propensity score matchi... Read More about Do university technology transfers increase firms’ innovation?.

Multinationals and the globalization of R&D (2019)
Journal Article
García-Vega, M., Hofmann, P., & Kneller, R. (2019). Multinationals and the globalization of R&D. International Journal of Industrial Organization, 63, 583-614. https://doi.org/10.1016/j.ijindorg.2019.01.001

In this paper we consider how the location, organization and output of knowledge production evolve within domestic firms following acquisition-FDI in order to understand the aggregate effect on an index of domestically produced innovations. We find s... Read More about Multinationals and the globalization of R&D.

The role of international and domestic R&D outsourcing for firm innovation (2018)
Journal Article
García-Vega, M., & Huergo, E. (2019). The role of international and domestic R&D outsourcing for firm innovation. Journal of Economic Behavior and Organization, 157, 775-792. https://doi.org/10.1016/j.jebo.2018.11.009

Firms are increasingly outsourcing their high-tech services. Theory suggests that R&D outsourcing allows firms to specialize in core knowledge-intensive tasks, thereby increasing innovation, but R&D outsourcing may also undermine internal capabilitie... Read More about The role of international and domestic R&D outsourcing for firm innovation.

Trust and technology transfers (2017)
Journal Article
García-Vega, M., & Huergo, E. (2017). Trust and technology transfers. Journal of Economic Behavior and Organization, 142, 92-104. https://doi.org/10.1016/j.jebo.2017.07.029

Research and development is largely done by multinationals (MNEs) that transfer technology to their foreign subsidiaries. Trust might be an important determinant of the governance of technology transfers because trust can reduce the dependence of the... Read More about Trust and technology transfers.

Volatility, financial constraints, and trade (2011)
Journal Article
García-Vega, M., Guariglia, A., & Spaliara, M.-E. (2012). Volatility, financial constraints, and trade. International Review of Economics and Finance, 21(1), 57-76. https://doi.org/10.1016/j.iref.2011.05.003

We construct a dynamic monopolistic competition model with heterogeneous firms to study the links between firms' earnings volatility, their degree of financial constraints, their survival probabilities, and their export market participation decisions... Read More about Volatility, financial constraints, and trade.

Determinants of International R&D Outsourcing: The Role of Trade (2011)
Journal Article
García-Vega, M., & Huergo, E. (2011). Determinants of International R&D Outsourcing: The Role of Trade. Review of Development Economics, 15(1), 93-107. https://doi.org/10.1111/j.1467-9361.2010.00595.x

This paper investigates the determinants of international R&D outsourcing, in particular the role of trade. We sketch a monopolistic competition model with heterogeneous firms where outsourcing increases a firm's fixed transaction costs as well as it... Read More about Determinants of International R&D Outsourcing: The Role of Trade.

Determinants of abandoning innovative activities: Evidence from Spanish firms (2010)
Journal Article
Garcia-Vega, M., & Lopez, A. (2010). Determinants of abandoning innovative activities: Evidence from Spanish firms. Cuadernos de Economía y Dirección de la Empresa, 13(45), 69-91. https://doi.org/10.1016/S1138-5758%2810%2970024-4

We empirically analyse the effect of firms’ barriers to innovation on the probability of abandoning innovation projects. Specifically, we study factors related to the availability of finance, knowledge and market conditions. We use a sample of more t... Read More about Determinants of abandoning innovative activities: Evidence from Spanish firms.

Does tenure in office affect regional growth? The role of public capital productivity (2010)
Journal Article
GARCIA-VEGA, M., & Herce, . J. A. (2010). Does tenure in office affect regional growth? The role of public capital productivity. Public Choice, 146(1/2), 75-92

We study the impact of tenure in office on economic performance. We evaluate
the relationships between tenure in office and GDP growth, public capital growth, and public
capital productivity using data for Spanish regions during the period 1980–199... Read More about Does tenure in office affect regional growth? The role of public capital productivity.

Does technological diversification promote innovation?: An empirical analysis for European firms (2006)
Journal Article
Garcia-Vega, M. (2006). Does technological diversification promote innovation?: An empirical analysis for European firms. Research Policy, 35(2), https://doi.org/10.1016/j.respol.2005.09.006

This paper analyses the impact of technological diversity on innovative activity at the firm level. The empirical study on a panel of European R&D active companies shows that both R&D intensity and patents increase with the degree of technological di... Read More about Does technological diversification promote innovation?: An empirical analysis for European firms.