Antecedents of innovation impacts in publicly funded collaborative R&D projects

This study investigates antecedents of innovation impacts derived by firms participating in publicly funded collaborative R&D projects. Innovation impacts are reflected in product and process innovation, and inimitability of the resulting technology. Project and firm-specific factors are considered. The dataset for our analysis is based on survey responses from 694 firms collected through an extensive data collection effort of pan-European scale. The general picture emerging from our results is that firms engaging in such projects can gain in terms of innovation, conditional on their superior in-house capabilities and the nature of the project itself. & 2014 Elsevier Ltd. All rights reserved.