RT info:eu-repo/semantics/article T1 Evidence on the role of ownership structure on firms’ innovative performance T2 Evidencia sobre el papel de la estructura de propiedad en la actividad innovadora de las empresas A1 Ortega-Argilés, Raquel A1 Moreno Serrano, Rosina K1 Knowledge production function K1 Patents K1 R&D K1 Ownership K1 Regions K1 Función de producción de conocimiento K1 Patentes K1 I+D K1 Estructura de propiedad K1 Regiones K1 Economía K1 Economics K1 Geografía K1 Geography K1 Sociología K1 Sociology AB Based on the Knowledge Production Function framework given byGriliches (1979), we slightly modify it so that the innovative output depends upon a set of factors related to the firm internal characteristics and are influenced by the environment. Specifically, regarding the firm internal determinants the effect of the concentration of the ownership, the composition of the boards of directors and the effect of the nature of the ownership (foreign and public) are analyzed. Additionally, in order to capture the determinants of the environment in which the firm operates other variables concerning the internationalization of market, the agglomeration economies and the regional knowledge externalities are also considered. In order to assess the impact of these determinants on the number of patents and models of use awarded by the firm, the discreteness of the latter variable has to be taken into account. We apply Poisson and Negative Binomial models for a more comprehensive evaluation of the hypothesisin a panel of Spanish manufacturing firms. The results show patenting activity is positively favoured by being located in an environment with a high innovative activity, due to the existence of knowledge spillovers and agglomeration economies. PB Asociación Española de Ciencia Regional (AECR) SN 2340-2717 YR 2009 FD 2009 LK http://hdl.handle.net/10017/29917 UL http://hdl.handle.net/10017/29917 LA eng DS MINDS@UW RD 29-mar-2024