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Cooperation between university-enterprises and its effect on innovative business performance

Abstract:

The objective of this research is to determine the relationship between university - business cooperation and its effect on entrepreneurial innovation performance. It has three purposes, to examine the effect of university-company cooperation on innovative business performance and to determine whether the size of the company and the expenditures on research and development are factors that influence to develop the cooperation university-company for innovation. The national survey of innovation activities of Ecuador was used in 2013 with a stratified sample of 2.815 companies from 24 provinces of Ecuador. The logit, probit and tobit models were used for the econometric analysis. The research findings indicate that university - business cooperation positively influences the development of business innovation, and there is an influence of the size of the companies in the university-business relationship. However, this double helix has no relation with the investment in research. and development of companies in Ecuador.