Barriers to business innovation in Spanish companies.

Abstract

This paper examines the barriers to business innovation in Spanish companies. In order to develop this study we have used statistics based on the Survey of Businesses Innovation carried out between the years 2006 and 2012, they belong to the Technological Research Panel (PITEC). We have also made four different estimations by distinguishing four different dependent variables that refer to innovation types listed in the Oslo Manual. Furthermore we have calculated a regression using panel data and a probit model. The main aim of this dissertation is to be able diagnose what has become a barrier to business innovation, in order to draw conclusions that can be useful for businesses. We will then conclude that the cost factor is one of the obstacles that most prevent companies in undertaking innovative activities