TY - JOUR
T1 - Assessment of industrial pre-determinants of territories with active product-service innovation ecosystems
AU - Vaillant, Yancy
AU - Lafuente, Esteban
AU - Vendrell-Herrero, Ferran
N1 - Funding Information:
Esteban Lafuente acknowledges financial support from the Spanish Ministry of Science and Innovation (Ministerio de Ciencia e Innovación, Agencia Estatal de Investigación) (grant: PID2020-115018RB-C32 ).
Funding Information:
The results of the fixed-effects regression in Table 2 offer a better understanding of the mechanisms explaining the formation of PSI ecosystems. They indicate that new PSI ecosystems help to spur the manufacturing employment growth of regions when such ecosystems are preceded by a manufacturing-dominated regional industrial fabric. PSI ecosystems that developed in regions that had a strong, advanced service fabric are not found to have any impact on manufacturing employment growth. The same holds for those PSI ecosystems built in regions with no clear industrial prevalence (manufacturing or KIBS industrial base), that is, the coefficient is not statistically significant. This would seem to agree with the theoretical basis of the territorial servitization premises whereby the starting point of such territorial value-adding processes for PSI ecosystems lies in the foundations of a resilient local manufacturing sector (Lafuente et al., 2017, 2019). This result also supports the study's hypothesis (H1) by providing empirical evidence that those territories with a strong incumbent manufacturing sector (in t-2) and with a successfully implemented PSI ecosystem (in t-1) will exhibit the highest employment growth rates in manufacturing (t-1 → t).Esteban Lafuente acknowledges financial support from the Spanish Ministry of Science and Innovation (Ministerio de Ciencia e Innovación, Agencia Estatal de Investigación) (grant: PID2020-115018RB-C32).
Publisher Copyright:
© 2022 The Authors
PY - 2023/1
Y1 - 2023/1
N2 - There has been growing interest in service-augmented products and the subsequent formation of product-service innovation (PSI) ecosystems. Hence, the objective of this paper is to empirically address an unexplored aspect of PSI ecosystems research by offering answers as to whether territories develop more performant PSI ecosystems in terms of manufacturing employment growth when they arise from an existing industrial base. Running a fixed-effects model on a sample of all 17 Spanish autonomous communities in the period from 2006 to 2012, the importance of territories having a strong incumbent manufacturing sector before developing PSI ecosystems is revealed. Specifically, it is found that PSI ecosystems will generate greater industrial employment growth in manufacturing-led territories. Our model and findings suggest various implications for scholars, managers, and policymakers alike.
AB - There has been growing interest in service-augmented products and the subsequent formation of product-service innovation (PSI) ecosystems. Hence, the objective of this paper is to empirically address an unexplored aspect of PSI ecosystems research by offering answers as to whether territories develop more performant PSI ecosystems in terms of manufacturing employment growth when they arise from an existing industrial base. Running a fixed-effects model on a sample of all 17 Spanish autonomous communities in the period from 2006 to 2012, the importance of territories having a strong incumbent manufacturing sector before developing PSI ecosystems is revealed. Specifically, it is found that PSI ecosystems will generate greater industrial employment growth in manufacturing-led territories. Our model and findings suggest various implications for scholars, managers, and policymakers alike.
KW - product-service innovation
KW - PSI ecosystem development
KW - territorial servitization
KW - manufacturing resilience
KW - incumbent manufacturers
U2 - 10.1016/j.technovation.2022.102658
DO - 10.1016/j.technovation.2022.102658
M3 - Article
SN - 0166-4972
VL - 119
SP - 1
EP - 7
JO - Technovation
JF - Technovation
M1 - 102658
ER -