The aim of the present paper is to compare the innovation output of State-Owned Enterprises (SOEs) and Privately-Owned Enterprises (POEs), as measured by patent activity, taking a cross-industry perspective. Estimation results focusing on EU countries over the period 2011-2018 reveals that in some medium high-tech manufacturing industries (i.e., manufacturing of chemical products and motor-vehicles) and in the gas and electricity industries the innovative performance of SOEs is on average superior to those of POEs. No statistically significant difference can be detected in high-tech manufacturing, while in knowledge intensive services the evidence is mixed: SOEs innovation output is inferior to POEs’ in professional, scientific, and technical activities; yet SOEs outperform POEs in transport services. Overall, these results suggest that, in specific economic sectors, SOEs may act as an important vehicle for technological development.

Innovation in private and state-owned enterprises: a cross-industry analysis of patenting activity

Castelnovo, Paolo
2022-01-01

Abstract

The aim of the present paper is to compare the innovation output of State-Owned Enterprises (SOEs) and Privately-Owned Enterprises (POEs), as measured by patent activity, taking a cross-industry perspective. Estimation results focusing on EU countries over the period 2011-2018 reveals that in some medium high-tech manufacturing industries (i.e., manufacturing of chemical products and motor-vehicles) and in the gas and electricity industries the innovative performance of SOEs is on average superior to those of POEs. No statistically significant difference can be detected in high-tech manufacturing, while in knowledge intensive services the evidence is mixed: SOEs innovation output is inferior to POEs’ in professional, scientific, and technical activities; yet SOEs outperform POEs in transport services. Overall, these results suggest that, in specific economic sectors, SOEs may act as an important vehicle for technological development.
2022
2022
State-owned enterprises; innovation; patents; high-tech industries; knowledge intensive services.
Castelnovo, Paolo
File in questo prodotto:
File Dimensione Formato  
Castelnovo_SCED.docx

accesso aperto

Tipologia: Documento in Pre-print
Licenza: DRM non definito
Dimensione 448.61 kB
Formato Microsoft Word XML
448.61 kB Microsoft Word XML Visualizza/Apri
1-s2.0-S0954349X22000728-main.pdf

non disponibili

Descrizione: versione editoriale
Tipologia: Versione Editoriale (PDF)
Licenza: Copyright dell'editore
Dimensione 1.52 MB
Formato Adobe PDF
1.52 MB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11383/2134848
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 15
  • ???jsp.display-item.citation.isi??? 13
social impact