Artículo en prensa

Influence of university-firm governance on SMEs innovation and performance levels

Journal ip
Technological Forecasting and Social Change
  • Volumen: 123
  • Fecha: 02 julio 2015
  • Páginas: 250-261
  • ISSN: 00401625
  • Tipo de fuente: Revista
  • DOI: 10.1016/j.techfore.2016.04.003
  • Tipo de documento: Artículo en prensa
  • Editorial: Elsevier Inc.
© 2016 Elsevier Inc. The purpose of this paper is to study how different university¿firm governance styles impact SMEs' innovation and performance. In this sense, we differentiate between relational governance ¿ based on interpersonal links of trust ¿ and contractual governance ¿ based on codified scientific and technological knowledge. The empirical analysis is based on data gathered through a questionnaire administered to a sample of 600 Spanish SMEs. The findings show that only contractual university¿firm relationships have a direct and significant effect on innovation, whereas relational activities promote and support contractual activities. The findings have managerial implications not just for firms, but also for universities.

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