The importance of technological innovation in Spain: evidence before, during and after the global economic crisis

This paper examines the importance of Technological Innovation (hereafter TI) in Spain by analyzing the volume of financial resources that Spanish businesses invest in the development and promotion of innovations activities and projects. Based on the data available from the Cotec foundation and the...

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Bibliografski detalji
Glavni autori: Martínez Alonso, Rubén, Martínez Romero, María José, Rojo Ramírez, Alfonso A.
Format: info:eu-repo/semantics/article
Jezik:English
Izdano: Asociación Española de Contabilidad y Administración de Empresas 2023
Teme:
Online pristup:http://hdl.handle.net/10835/14678
Opis
Sažetak:This paper examines the importance of Technological Innovation (hereafter TI) in Spain by analyzing the volume of financial resources that Spanish businesses invest in the development and promotion of innovations activities and projects. Based on the data available from the Cotec foundation and the Spanish National Statistics Institute, our research shows that Spanish businesses do not conceive innovation as an instrument to improve their competitiveness. However, this trend is now changing.