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- handle: 10670/1.7yxmni
- halshs: halshs-01354120
- doi: 10.1016/j.techfore.2016.04.003
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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.techfore.2016.04.003
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Domingo Garcia-Perez-De-Lema et al., « Influence of university–firm governance on SMEs innovation and performance levels », HAL-SHS : droit et gestion, ID : 10.1016/j.techfore.2016.04.003
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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.