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Innovation in Extremadura: Opportunity for Companies or Obstacle for their Development?

Innovation in Extremadura: Opportunity for Companies or Obstacle for their Development?

Beatriz Corchuelo, Francisco J. Mesías
Copyright: © 2016 |Pages: 31
ISBN13: 9781466695672|ISBN10: 1466695676|EISBN13: 9781466695689
DOI: 10.4018/978-1-4666-9567-2.ch016
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MLA

Corchuelo, Beatriz, and Francisco J. Mesías. "Innovation in Extremadura: Opportunity for Companies or Obstacle for their Development?." Handbook of Research on Entrepreneurial Success and its Impact on Regional Development, edited by Luísa Carvalho, IGI Global, 2016, pp. 345-375. https://doi.org/10.4018/978-1-4666-9567-2.ch016

APA

Corchuelo, B. & Mesías, F. J. (2016). Innovation in Extremadura: Opportunity for Companies or Obstacle for their Development?. In L. Carvalho (Ed.), Handbook of Research on Entrepreneurial Success and its Impact on Regional Development (pp. 345-375). IGI Global. https://doi.org/10.4018/978-1-4666-9567-2.ch016

Chicago

Corchuelo, Beatriz, and Francisco J. Mesías. "Innovation in Extremadura: Opportunity for Companies or Obstacle for their Development?." In Handbook of Research on Entrepreneurial Success and its Impact on Regional Development, edited by Luísa Carvalho, 345-375. Hershey, PA: IGI Global, 2016. https://doi.org/10.4018/978-1-4666-9567-2.ch016

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Abstract

The main objective of this chapter is to analyze which are the barriers perceived by Extremaduran firms and how these barriers affect their willingness to perform innovative activities or to be innovative firms. We have used data collected in 2013 from an ad hoc survey. Results show that, firstly, there are differences in the perception of the barriers especially in young and exporter firms that detect more barriers although they have a strong willingness to innovate. Secondly, even if innovation is considered an essential source of competitiveness, there is an important unwillingness to innovate in non-innovative firms. This behaviour is especially due to barriers related with high costs and financial restrictions to innovate. These barriers also reduce the likelihood of the firms to innovate. Both innovative and non-innovative firms detect the presence of barriers to innovation highlighting the perceived lack of support from government.

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