Iñaki Peña-Legazkue

Bio: Iñaki Peña-Legazkue is an academic researcher from University of Deusto. The author has contributed to research in topics: Entrepreneurship & Human capital. The author has an hindex of 10, co-authored 16 publications receiving 472 citations.

Innovation, entrepreneurial activity and competitiveness at a sub-national level

Abstract: The capability to generate new knowledge and to create new firms differs across regions. Our study is an attempt to test the extent to which differences in such capabilities are associated with regional competitiveness. Using data from Spanish NUTS2 regions for the period 2000–2004, our results show that a higher capacity of a region to simultaneously generate new knowledge and start-up firms is positively linked to its level of competitiveness. This finding supports the belief that innovation per se is a necessary, but not sufficient, condition for regional economic development.

STI–DUI learning modes, firm–university collaboration and innovation

Abstract: In this study, the relationship between the formation of different types of collaborative agreements and firm innovation is examined. Two types of agreements are distinguished: “science and technology-based” (STI) and “learning-by-doing, by-using and by-interacting-based” (DUI) partnerships. A fixed-effects logit estimation is applied on an extensive panel of Spanish manufacturing and service firms to analyze the separate and combined impact of collaborative agreements associated to STI and/or DUI modes of learning, paying special attention to the role of partnerships with universities. While STI and DUI partnerships are important for product and process innovation in both separate and combined ways, the results demonstrate that different types of collaboration lead to different types of innovation. Product innovation benefits more from the combination of DUI and STI partnerships and process innovation seems to be more closely linked to DUI-related partnerships undertaken by firms. Findings also show that firm–university collaboration, without the engagement of other STI and DUI agents in the partnership, seems to be weak for product innovation.

An Assessment of the Determinants of University Technology Transfer

Abstract: We study the extent to which the characteristics of universities and technology transfer offices located within different regional contexts affect the transfer of scientific knowledge, both in the form of licensing and spin-off firm creation. By using data from Spain for the period 2005 to 2008, we show that technology transfer offices with more experienced and expert staff teams and universities with clearly established rules for creating academic startups and with higher patenting records are more likely to obtain better university technology transfer results (i.e., licensing and spin-off firm outcomes). Although the effects of R&D investment and venture capital available in the local region were not significant, the (subnational) regional context seemed to matter for explaining the variation in academic spin-off and licensing outcomes across universities.

The effect of intrapreneurial experience on corporate venturing: Evidence from developed economies

Abstract: This paper examines a specific, yet unexplored, dimension of human capital; namely, intrapreneurial experience. Intrapreneurial experience is defined as a human capital attribute of employees who have a leading role in the development and implementation of re-generation activities within an organization under a proactive, innovative, and risk-oriented focus. The effect of individuals’ intrapreneurial experiences on firm creation from an organization (i.e., corporate venturing) is tested by using data collected from different countries. Using a binomial logistic regression analysis and data from the 2011 Global Entrepreneurship Monitor (GEM), results show that intrapreneurial experience is positively associated with corporate venturing. Moreover, the effect on corporate venturing seems to be higher than that exerted by other human capital variables of employees.

Entrepreneurial activity and regional competitiveness: an introduction to the special issue

Abstract: An important goal of this special issue is to gain a better understanding of the linkage between the entrepreneurial activity of a region and its level of competitiveness. Comparative studies across countries abound in the literature, but much still remains to be investigated on the role played by entrepreneurship in transforming local economies. The set of papers included in this special issue aims to fill this conceptual and empirical gap. In general, besides acknowledging the existence of a bi-directional relationship between entrepreneurship and regional competitiveness, the papers shed some light on the endogenous process of wealth creation in local economies.

The Oxford Handbook of Innovation

Abstract: This handbook looks to provide academics and students with a comprehensive and holistic understanding of the phenomenon of innovation. Innovation spans a number of fields within the social sciences and humanities: Management, Economics, Geography, Sociology, Politics, Psychology, and History. Consequently, the rapidly increasing body of literature on innovation is characterized by a multitude of perspectives based on, or cutting across, existing disciplines and specializations. Scholars of innovation can come from such diverse starting points that much of this literature can be missed, and so constructive dialogues missed. The editors of The Oxford Handbook of Innovation have carefully selected and designed twenty-one contributions from leading academic experts within their particular field, each focusing on a specific aspect of innovation. These have been organized into four main sections, the first of which looks at the creation of innovations, with particular focus on firms and networks. Section Two provides an account of the wider systematic setting influencing innovation and the role of institutions and organizations in this context. Section Three explores some of the diversity in the working of innovation over time and across different sectors of the economy, and Section Four focuses on the consequences of innovation with respect to economic growth, international competitiveness, and employment. An introductory overview, concluding remarks, and guide to further reading for each chapter, make this handbook a key introduction and vital reference work for researchers, academics, and advanced students of innovation. Contributors to this volume - Jan Fagerberg, University of Oslo William Lazonick, INSEAD Walter W. Powell, Stanford University Keith Pavitt, SPRU Alice Lam, Brunel University Keith Smith, INTECH Charles Edquist, Linkoping David Mowery, University of California, Berkeley Mary O'Sullivan, INSEAD Ove Granstrand, Chalmers Bjorn Asheim, University of Lund Rajneesh Narula, Copenhagen Business School Antonello Zanfei, Urbino Kristine Bruland, University of Oslo Franco Malerba, University of Bocconi Nick Von Tunzelmann, SPRU Ian Miles, University of Manchester Bronwyn Hall, University of California, Berkeley Bart Verspagen , ECIS Francisco Louca, ISEG Manuel M. Godinho, ISEG Richard R. Nelson, Mario Pianta, Urbino Bengt-Ake Lundvall, Aalborg

An Overview of Innovation

Abstract: Models that depict innovation as a smooth, well-behaved linear process badly misspecify the nature and direction of the causal factors at work. Innovation is complex, uncertain, somewhat disorderly, and subject to changes of many sorts. Innovation is also difficult to measure and demands close coordination of adequate technical knowledge and excellent market judgment in order to satisfy economic, technological, and other types of constraints—all simultaneously. The process of innovation must be viewed as a series of changes in a complete system not only of hardware, but also of market environment, production facilities and knowledge, and the social contexts of the innovation organization.

Twenty-five years of research on institutions, entrepreneurship, and economic growth: what has been learned?

Abstract: This paper analyzes an emergent stream of research shedding light on the institutional factors shaping entrepreneurial activity and its effect on economic growth. This integrative analysis spanning a broad spectrum of diverse literature enables a distinction between two different research lines in the field of entrepreneurship. The findings of this study, based on articles from the journals included in the Web of Science database, facilitate a broader comprehension of two separate lines of research, which allows an analysis of the interaction among institutions, entrepreneurship, and economic growth. The systematic literature analysis over the last 25 years (1992–2016) of research reveals that institutions could be related to economic growth through entrepreneurship, which would open new research questions about what institutional factors are conducive to entrepreneurship, which in turn spurs economic growth. Thus, not only is understanding both complex relationships and their possible sequence useful for planning strategies and public policies, but it is also helpful for advancing and providing new insights in these research fields, which could be complementary and interdisciplinary.