The impact of technology intermediaries on firm cognitive capacity additionality |
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| Institution: | 1. University of Ghent, Tweekerkenstraat 2, 9000 Ghent, Belgium;2. University of Oslo, Centre for Entrepreneurship, Oslo, Norway;3. Belgian Science Policy Office, Brussels, Belgium;4. Imperial College Business School, London, United Kingdom;1. Rennes School of Business, 2 rue d''Arbrissel - CS 76522, 35000 Rennes Cedex, France;2. Department of Business Development and Technology, Aarhus University, Denmark;1. Hitotsubashi University, Graduate School of Economics, Naka 2-1, Kunitachi, Tokyo 186-8601, Japan;2. Gakushuin University, Faculty of Economics, Mejiro 1-5-1, Toshima, Tokyo 171-0031, Japan;1. MINES PARISTECH, PSL Research University, CGS — Center for Management Science, 60 Boulevard Saint-Michel, 75272 Paris, France;2. STIM, Scientific Methods for Radical Innovation, 24 rue de l''est, 75020 Paris, France;3. Chorus Fitness, San Francisco, CA, United States;1. Birkbeck, University of London, UK;2. University of Florence, Italy;3. NEOMA Business School, France;4. University of Modena and Reggio Emilia, Italy;1. Utrecht University School of Economics (USE), Sustainable Finance Lab, Chair of Strategy, Organization & Entrepreneurship, Kriekenpitplein 21–22, 3584 EC Utrecht, The Netherlands;2. EBS Business School, Strascheg Institute for Innovation and Entrepreneurship (SIIE), Rheingaustr. 1, 65375 Oestrich-Winkel, Germany;3. Sustainable Business Institute (SBI), Zehnthofstr. 1, 65375 Oestrich-Winkel, Germany;4. Knowledge, Technology and Innovation Group, Wageningen University, Hollandseweg 1, 6706 KN Wageningen, The Netherlands |
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| Abstract: | Whereas the provision of R&D subsidies has been central to public policy for many years, governments have recently become increasingly involved in stimulating cooperation for innovation and R&D. In many countries, financial support for technology intermediaries has become one of the key measures of indirect public support. However, little research has assessed the impact of indirect policy measures. In this paper, we shed light on the conditions under which technology intermediaries contribute to knowledge and networking outcomes generated by the firms that call upon them. We hereby focus on firm network and competence additionality as measures for cognitive capacity additionality and study the impact of technology intermediaries on firms. In doing so, we distinguish between R&D and R&D related activity technology intermediaries engage in. The results indicate that absorptive capacity of the technology intermediary does not affect cognitive capacity additionality generated by firms in R&D activities, while the results for R&D related activities are mixed and depending on the type of cognitive capacity additionality studied. The absorptive capacity of firms does not directly affect cognitive capacity additionality, but the results of mediation analysis show that firms with higher levels of absorptive capacity use the services of the technology intermediary more intensively, and subsequently generate higher levels of cognitive capacity additionality. |
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