El comportamiento innovador de las empresas privatizadasevidencia empírica

  1. Xavier Vence Deza 1
  2. Carmela Sánchez Carreira 1
  1. 1 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

Journal:
Revista madri+d. Monografía: revista de investigación en gestión de la innovación y tecnología
  1. González Hermoso de Mendoza, Alfonso (coord.)
  2. Morcillo Ortega, Patricio (coord.)

ISSN: 1579-9417

Year of publication: 2008

Issue Title: Innovación sin fronteras. El mito de la sociedad del conocimiento

Issue: 20

Pages: 107-114

Type: Article

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Abstract

This paper analyses the innovation behaviour of privatized firms in the Spanish case, and it points out the reduction of their R&D effort, because of their preference to short term profit and shareholders creation value. Privatization implies a shift in objectives and management of firms, which may affect seriously their innovation activity, due to shifts in strategic targets. The empirical evidence suggests that the relevant contribution of state-owned enterprises to innovation suffer a significant impact from the privatization process.

Data source: Dialnet