Pilar Vargas Montoya

Does the technological sourcing decision matter? Evidence from Spanish panel data

This paper extends previous analysis of the choice between internal and external R&D to consider the effect of this decision on productivity. Existing empirical research confirms that there is a positive relationship between technological assets and firm performance. However, few works have attempted to identify whether the technological sourcing decision taken by the firm affects productivity. The main finding of this paper is that the technological strategy developed by the firm does affect productivity. This issue is particularly novel as it incorporates the technological sourcing decision taken by the firm. The results we obtain indicate that the technological sourcing decision affects the relationship between technological capital and productivity. Thus, our findings suggest that the decision between internal and external R&D matters.

La elección del modelo de gestión en la cooperativas españolas

The objective of this study is to analyze different governance models that cooperative firms may adopt. We describe the monistic and dualistic models and the different types that this latest model can present. Additionally, we analyzed the determinants of their choice between cooperative firms. We focus on size, age and activity of the cooperative. The empirical analysis is conducted with a sample of Spanish cooperative firms. Results show that the dualist model is mainly used in large and older cooperative firms, whose main activity is industry or services.