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The research activities of the University-Business Chair focuses on the innovative activity of companies within the innovation system. Studies may have a double dimension: a more microeconomic one when analyzing the individual behavior of the agents and, a more macro, when analyzing the aggregate behaviors.

In a more specific way, the fields of interest of the Chair are:

  1. Analyze the determinants of the innovative activity according to the typologies of the Oslo Manual (2005): innovations in product, in process, in marketing and organizational.
  2. Evaluate the impact of innovation in the company, as well as in the territories where they are located. Make comparisons between territories.
  3. Carry out the assessment of public policies on business behavior such as the location of science and technology parks, public subsidies, etc.
  4. Adopt a regional scale through the concept of regional innovation system (the agents that participate in the innovative process in Catalonia).
  5. Adopt a sectoral scale with the concept of sectoral innovation system (the agents that participate in the most significant sectorial and technological groupings: ICT technologies and advanced services aimed at companies, the automotive industry, financial system, etc.)

The results of these works will be published in prestigious international magazines such as Research Policy, Growth and Change, Economics of Innovation and News Technology, Review of Industrial Organization, Small Business Economics and Industry and Innovation.

List of recent publications by the staff attached to the chair:


Jové-Llopis, Elisenda and Segarra-Blasco, Agustí (2020): "Why does eco‐innovation differ in service firms? Some insights from Spain". Business Strategy and the Environment.


Méndez-Ortega, Carles and Teruel, Mercedes (2019): "To Acquire or not to Acquire: The Effects of Acquisitions in the Software Industry". Journal of Evolutionary Economics.

Teruel, Mercedes and Quiroz, Paula (2019): "La diversidad de género: factor de impulso de la innovación". Economía Industrial, núm. 414: 13-25.

Teruel, Mercedes (2019): "The role of innovation from a gender perspective". Included in Batalla, Joan and García-Quevedo, José book: "An overview of Innovation in the Energy Sector for the Sudoe Regions" (ISBN: 978-84-09-13420-5). Ed. Fundación para la Sostenibilidad Energética y Ambiental, Pàg. 100-109.


García-Quevedo, J. , Segarra, Agustí and Teruel, Mercedes (2018): "Financial constraints and the failure of innovation projects", Technological Forecasting & Social Change, 127, 127-140".

Arauzo-Carod, J.M., Segarra Agustí and Teruel, Mercedes (2018): "The Role of Science and Technology Parks as Firm Growth Boosters: an Empirial Analysis in Catalonia. Regional Studies, forthcoming".

Segarra, Agustí, Arauzo-Carod, J.M. and Teruel, Mercedes (2018): "Innovation and Geographical Spillovers: New Approaches and Empirical Evidence. Regional Studies, forthcoming".


Teruel Carrizosa, Mercedes i de Wit, Gerrit (2017): "Determinants of High-Growth Firms: Why Do Some Countries Have More High-Growth Firms than Others?", in Bonnet, Jean, Dejardin, Marcus i Garcia Perez de Lema, Domingo(eds.) Exploring the Entrepreneurial Society: Institutions, Behaviors and Outcomes, Edward Elgar".

Teruel Carrizosa, Mercedes i Segarra, Agustí (2017): "The Link between Gender Diversity and Innovation: What is the Role of Firm Size?", International Review of Entrepreneurship, 15(3), 319-340".

García-Quevedo, J. , Segarra, Agustí i Teruel, Mercedes (2017): "Financial constraints and the failure of innovation projects", Technological Forecasting & Social Change, forthcoming".

Teruel Carrizosa, Mercedes (2017): "És necessari reindustrialitzar la Unió Europea?".


Teruel Carrizosa, Mercedes; Segarra Blasco, Agustí; García Quevedo, José (2016) "Restricciones financieras y el abandono de proyectos de innovación en las empresas españolas"

Segarra Blasco, Agustí; Teruel Carrizosa, Mercedes; Jové Llopis, Elisenda (2016) "High-growth firms and innovation in European countries".


Costa-Campi, María Teresa , JoséGarcía-Quevedo, José i Segarra, Agustí (2015): "Energy efficiency determinants: An empiricalanalysis of Spanish innovative firms", Energy Policy, forthcoming.


Segarra, A. (2014): "La política de innovación", Mediterráneo Económico, 25, 251-264.

Audretsch, D.B.; Coad, A.; Segarra,A. (2014): "Firm growth and innovation", Small Business Economics, 43(4), 743-749.

Audretsch, D. B.; Segarra, A.; Teruel, M. (2014): "Why not all young firms invest in R&D", Small Business Economics, 43(4), 751-766.

Segarra, A.; Teruel, M. (2014): "High-Growth Firms andinnovation: an empirical analysis for Spanish firms", Small Business Economics, 43(4), 805-821.


Segarra, A. (2013) "El paper de la URV sobre el territori: una proposta per retre comptes", Revista Econòmica de Catalunya, 67: 16-27.

Coad, A.; Segarra, A. i Teruel, M. (2013): “Like milk or wine: does firm performance improve with age?”, Structural Change and Economic Dynamics, 24: 173-189.


Segarra, A. i Teruel, M. (2012). “An Appraisal of Firm Size Distrubtion; Does Sample Size Matter?”, Journal of Economic Behavior & Organization, 82(1): 314-328.

Coad, A. i Teruel, M (2012): “Inter-firm rivalry and firm growth: is there any evidence of direct competition between firms?”, Industrial and Corporate Change, June 2012: 1-29


Segarra, A. i Teruel, M. (2011). "Productivity and R&D sources: evidence for Catalan firms", Economics of Innovation and New Technology, 20(8): 727-748.


Segarra, A. (2010). “Innovation and productivity in manufacturing and service firms in Catalonia: a regional approach”, Economics of Innovation and New Technology, 19 (3, 233-258).

Segarra, A. i Teruel. M. (2010): “Obstáculos de las empresas para innovar”. Análisis sobre ciencia e innovación en España. 14: 444-473.


Agustí Segarra Blasco (2009): Dinámica empresarial e innovación: la incidencia del espacio, Investigaciones Regionales, VOL. 15: 5-23

David B. Audretsch (2009): Capital emprendedor y crecimiento económico, Investigaciones Regionales, VOL. 15:  27-35

María Callejón* y Vicente Ortún (2009): La caja negra de la dinámica empresarial, Investigaciones Regionales, VOL. 15:167-189

Mercedes Teruel Carrizosa and Agustí Segarra Blascoa (2009): Immigration and Firm Performance: a city-level, Investigaciones Regionales, VOL. 15:111-137

José García Quevedo y Sergio Afcha Chávez (2009): Un análisis comparativo entre las subvenciones estatales y regionales, Investigaciones Regionales, VOL. 15:227-294


Segarra, A.; García, J.; Teruel, M. (2008). “Barriers to Innovation and Public Policy in Catalonia”, International Entrepreneurship and Management Journal, 4(4), 431-451.

Segarra, A.; Arauzo, J.M. (2008). “External Sources of Innovation and Industry-Universities interaction: evidence from Spanish firms”, Research Policy, 37,1283-1295.

Segarra, A. (dir.); Teruel, M.; Arauzo, J.M.; Iranzo, S.; Gombau, V. (2008). Dinámica empresarial, creación de empleo y productividad en las manufacturas españolas: un estudio a nivel de empresa. Ministerio de Industria, Turismo y Comercio.