Rodeiro-Pazos David

Rodeiro-Pazos David
University of Santiago de Compostela | USC · Departamento de Economía Financiera y Contabilidad

Business Administration

About

185
Publications
127,211
Reads
How we measure 'reads'
A 'read' is counted each time someone views a publication summary (such as the title, abstract, and list of authors), clicks on a figure, or views or downloads the full-text. Learn more
1,113
Citations
Introduction
David Rodeiro-Pazos joined Universidade de Santiago de Compostela (Spain) as associate professor in 2009. His research interests are academic entrepreneurship, university spin-offs, technology transfer and venture capital. He is author and co-author of several books on entrepreneurship and internationally refereed papers published in journals included in JCR. Recently, he and has been involve in European project LACES (http://laceseconomiasocial.com/) and now is in FANBEST (https://fanbest.eu)
Additional affiliations
August 2008 - present
University of Santiago de Compostela
Position
  • Professor (Associate)

Publications

Publications (185)
Article
In the current knowledge economy, firms hardly innovate alone; the collaboration with other partners has become crucial for successful innovation. Literature has recently focused on two modes of collaboration: the learning-by-doing, by-using and by-interacting (DUI) and science and technology-based innovation (STI). Nevertheless, collaboration seem...
Article
The end of the economic crisis initiated in 2008 was not the end of the newspaper crisis. The shifts introduced by digitalisation are increasingly deeper, and advertising spending on newspapers continued to fall during the economic recovery. To study how the firms adapted to this declining market, this article performs an in-depth financial analysi...
Article
Aging of the population has created a direct effect on economies and tension on social security systems. Policymakers have been senior entrepreneurship as an option to reduce unemployment and delay the age of retirement. The positive effects, of creating a firm increase when is operating in technology‐based sectors. This paper explores the technolo...
Article
España es uno de los principales productores de conserva de pescado de Europa y este es un sector económico de gran relevancia para su economía. En los últimos años parte de las compañías del sector, en su mayoría pequeñas y medianas empresas, está sufriendo problemas de liquidez y bajas rentabilidades que pueden estar asociados, en parte, a la ges...
Article
Full-text available
The innovation barriers to small and medium-sized enterprises affect their innovative process and influence their company development. In this empirical work, we analyze the cost, market, and knowledge barriers that impede or delay the development of innovative activities and projects in Ecuadorian SMEs. A logit estimation model uses fixed-effects...
Article
Full-text available
Previous research on the firm growth of the university spin‐offs (USOs) and its drivers yields inconclusive results. Recently, the literature on the high‐growth firms (HGFs) has relied on regression quantile methods to study how the effects of growth determinants may differ along the firm growth distribution. This study builds a bridge between the...
Book
Full-text available
Regional report of thel Global Entrepreneurship Monitor for Galicia 2020-2021.
Article
Universities have created USOs to exploit the research knowledge and contribute to the economic development of their regions in the last decades, leading to an extensive literature on the topic. However, this growing literature has widely overlooked the links between firm size and survival. This paper explores simultaneously the role of size and ot...
Book
Full-text available
Un año más el equipo GEM Galicia presenta el informe de seguimiento de la actividad emprendedora en Galicia: Pero esta edición no es como las demás. La actual situación de crisis sanitaria, económica y social derivada de la pandemia de la COVID-19 ha provocado un complejo contexto para la elaboración del trabajo. Esto nos ha llevado a estructura...
Article
Credit restrictions, such as those happening in the current context shaped by the crisis derived from COVID-19, make working capital management (WCM) a driving force behind SME performance. This paper analyses whether WCM policies affect the economic and financial profitability of Spanish companies in the fish canning industry. Spain leads the EU’s...
Article
Full-text available
The current environment of high competitiveness has made innovative firms, especially job-creating ones, central to regional economic growth. Most of previous studies have not considered the interactions between internal and regional factors, and has focused on product innovation performance. This paper aims to fill both gaps in the literature on t...
Article
Millennials are currently facing particular financial challenges that will condition the future financial well-being of the society as a whole, and the decision-making process happening in worse circumstances than those of preceding generations. However, few studies to date have deeply analyzed millennials’ financial behaviors, and particularly, ho...
Chapter
Full-text available
Small and medium-sized enterprises (SMEs) are a significant part of the business network in Ecuador, as they contribute to the gross domestic product and the labor force. The aim of this research is to determine the impact of innovation persistence on the growth of Ecuadorian SMEs, through sales and employment growth variables. This phenomenon is a...
Chapter
It has been acknowledged that exporting and innovation activities become key performance drivers of firm growth. In this chapter, using dynamic panel data methodology with a sample of 3267 Spanish manufacturing firms over the period 2004–2014, we explore whether the effect of exports and technological innovation on firm growth differs depending on...
Article
Full-text available
Dadas las incertidumbres en el mercado de trabajo, el emprendimiento se presenta como una alternativa relevante para absorber los excedentes de mano de obra existentes, contribuyendo además a un mayor bienestar social. En particular, los estudiantes universitarios juegan un papel importante para el desarrollo del emprendimiento dada su formación fo...
Technical Report
Full-text available
Informe anual sobre la actividad emprendedora en la comunidad autónoma de Galicia. Incluye un monográfico sobre el impacto de la Covid-19 en el emprendimiento tras los primeros meses de parón económico derivado de la pandemia.
Article
Working capital management (WCM) is a key question for firms' profitability, especially for small and medium enterprises faced with severe financial restrictions and whose current assets account for a significant part of their investments. These features describe most firms in the livestock industry. However, studies on WCM related to these firms a...
Article
University spin-offs (USOs) have become a common way to transfer new knowledge to society and create value, boosting economic growth. While innovative and export activities have been extensively researched as survival drivers in the organizational literature, the joint effects of both activities on firm survival has often been ignored, especially i...
Technical Report
Full-text available
La partición de la población española en iniciativas emprendedoras en fase inicial se mantiene un año más en torno a la cifra de seis personas por cada cien. Con estos resultados, España se posiciona por debajo de la media de las economías de la Unión Europea participantes en el proyecto GEM en lo que respecta al porcentaje de emprendedores potenci...
Article
La utilización de fuentes de energía renovables ha aumentado en las últimas décadas, pero el acceso al capital es la principal barrera en el denominado financiamiento verde. Los proyectos del sector de energía renovable (proyectos RES) son generalmente más costosos, con mayor riesgo y un mayor plazo de recuperación. El crowdfunding se ha convertido...
Article
Full-text available
Individuals’ financial well-being has been recognised as an important concern to reach individuals’ general well-being and societal welfare. In this context, understanding how individuals can ensure a good state of financial well-being is a critical question. However, previous studies have not paid enough attention to underlying the mechanisms by w...
Article
University Spin-Offs (USOs) are dynamically involved in the knowledge spillover process and incorporated in the regional entrepreneurial ecosystem. Drawing on the knowledge spillovers related concepts and entrepreneurial ecosystem approach, the paper aims to explore the hypothesis that the regional context may partially determine the USOs' growth v...
Chapter
The creation of university spin-off firms (USOs) to commercialize the academic research outputs contributes to the economic development of the regions. These firms are often resource-constrained, which may hamper their growth. However, the involvement of venture capital (VC) partners in their management can partly counterbalance their traditional l...
Article
Full-text available
Os parques científicos e tecnolóxicos son considerados unha ferramenta esencial do Sistema Rexional de Innovación. Por iso, neste traballo realízase unha análise das características empresariais, financeiras e de innovación das empresas situadas en parques científicos e tecnolóxicos da Eurorrexión Galicia-Norte de Portugal. As empresas de parques g...
Technical Report
Full-text available
El Informe GEM analiza el emprendimiento desde la fase más reciente del proceso emprendedor, o “emprendimiento potencial” a la fase de consolidación de la empresa, pasando por las fases de puesta en marcha y primeros años actividad, lo que se define como “actividad em-prendedora (TEA)”. El emprendimiento potencial recoge aque-lla parte de la poblac...
Article
This paper explores how the entrepreneurial outcomes (patents, university spin-offs, research projects and R&D contracts) of universities relate to the availability and use of information and telecommunications (IT) solutions for knowledge management (KM) over the period 2011-2014. We hypothesize that entrepreneurial universities may benefit from a...
Article
Full-text available
The objective of this research is to analyze the relationship between size and growth through the validation of Gibrat's law. A sample of 17,082 Ecuadorian companies in the service sector is used for the period 2010–2015. The estimation method used is that of quantile regression for panel data; the results suggest that small companies grow faster t...
Article
Full-text available
Research transfer depends mostly on the firm’s goodwill for cooperation. However, very few papers deal with the intentions and attitudes of firm’s representatives when they decide to cooperate with universities. Following an outside/in approach, this paper explores firms’ attitudes towards R&D cooperation by focusing on the determinants of both hav...
Article
This paper studies the attitudes and decisions of research groups led by men or women towards the collaboration with firms in research and development joint projects. We worked with a sample of 420 research groups of eight regions of Spain, France and Portugal in a sequential process. First, we studied the interest of the research groups to collabo...
Article
Research transfer depends mostly on the firm’s goodwill for cooperation. However, very few papers deal with the intentions and attitudes of firm’s representatives when they decide to cooperate with universities. Following an outside/in approach, this paper explores firms’ attitudes towards R&D cooperation by focusing on the determinants of both hav...
Chapter
This paper explores the role of gender in new technology-based firms creation and whether this role differs across developed and emerging countries. By using a sample of 244,471 individuals in 70 countries, the results firstly show a negative relationship between being a woman and setting up a technology entrepreneurial initiative, regardless the s...
Article
This paper advances the study of the researcher's motivators to collaborate with firms from a triple helix perspective. Based on a conceptual framework that relates the agency theory assumptions with those variables that literature considers as motivators of the researchers and firms to collaborate, we worked with a sample of 420 research groups of...
Article
Since the studies of Schumpeter (1939), Solow (1957), or Nelson and Sidney (1982), innovation has been considered one of the major drivers of economic growth. This paper explores the relationship between firms' innovation and sales growth. Using an original dataset of 80 listed Spanish firms over the period 2004-2014, we firstly apply a panel data...
Article
Environmental and sustainable projects face difficulties to attract capital and, recently, entrepreneurs have started to get funds directly from the “crowd”, instead or/in addition of traditional investors. The objective of this article is to explore the characteristics of the business models (BMs) used to fund renewable energy sources (RES) projec...
Article
Full-text available
Ecuador foi un dos países latinoamericanos que experimentou cambiossignificativos no campo social e económico nas últimas décadas, converténdose nunha daseconomías máis importantes da rexión. Por iso, resulta relevante coñecer as relaciónsexistentes entre o tamaño e a taxa de crecemento das empresas deste país. Este traballorealiza a súa achega ao...
Article
Full-text available
The establishment of spin-offs to commercialise university knowledge/technology is a potential mechanism to promote economic and innovative development. Nevertheless, University Spin-Offs (USOs) are usually resource-constrained, especially in obtaining funding, limiting their growth. Venture Capital (VC) investors play an important role in the fina...
Article
University Spin-Offs (USOs) are actively involved in the knowledge spillover process and fully integrated in the regional innovation systems. Drawing on the Knowledge Spillover Theory of Entrepreneurship and using a multilevel approach of analysis, we explore whether the region's knowledge spillover and the firm's absorptive capacity jointly determ...
Article
Full-text available
Ecuador has been one of the Latin American countries which experienced significant changes in the social and economic field in recent decades, becoming one of the most important economies in the region. Therefore, it is relevant to know the existing relationships between the size and growth of companies in this country. This study accomplishes this...
Article
Full-text available
The present investigation analyses the relationship between the size of the companies and their growth in contrast to Gibrat's law, for which it analyses a sample of 2,915 Ecuadorian manufacturing companies in the period 2012-2016. We apply regression by quantiles for panel data in order to establish the effect of variables with business characteri...
Article
Considering the short- and long-term equilibrium between indices, the present article analyses the relationship of two segments of stock markets: environmentally sustainable investment and traditional indices. We used Johansen cointegration tests and a multivariate model of conditioned heteroscedasticity on seven stock indices: five corresponding t...
Article
Full-text available
La estacionalidad de la actividad oleica, incide que los flujos de caja por ventas de contado y a crédito. Sus plazos y recuperación de efectivo, afectan el rendimiento financiero de las empresas involucradas en dicha actividad. En el entorno empresarial se rumora que dicha actividad oleica es de baja rentabilidad, lo cual motiva esta investigación...
Article
Previous literature has focused on either the direct or indirect contribution of cultural and creative industries (CCI) firms to the innovation capability of the wider economy, while the reverse approach, that is, the effect of region on CCI firms’ innovation, has been completely neglected. In this paper, it is argued that the innovative performanc...
Article
Full-text available
Purpose: Policies implemented by different government administrations to promote the transfer of research results have significantly increased the number of university spin-offs created and their survival rate. However, these companies are frequently perceived by investors as less market or commercial oriented than non-academic start-ups. This pape...
Article
This paper advances the study of the researcher's motivators to collaborate with firms from a triple helix perspective. Based on a conceptual framework that relates the agency theory assumptions with those variables that literature considers as motivators of the researchers and firms to collaborate, we worked with a sample of 420 research groups of...
Article
Purpose This study aims to determine that the factors that lead to university spin-offs (USOs) high-growth firms (HGFs). In recent years, HGFs have been a topic of growing interest in the field of economic research because of these companies’ capacity for job creation and the dynamism they bring to the growth of the economy. In parallel, companies...
Article
This article explores the determinants of firms’ R&D cooperation with research groups understanding university–industry cooperation as a sequential process. In so doing, we study the determinants of both firms’ interest in and decision to engage in cooperation agreements. We applied both probit models and regression models for count data on a sampl...
Article
Purpose The purpose of this paper is to explore the hypothesis that the female-owned university spin-off organizations (USOs) have a similar resource endowment and, as a consequence, growth rates similar to the male-owned USOs. Design/methodology/approach A unique and original longitudinal data set, which is an unbalanced panel, consisting of 120...
Book
Full-text available
Un año más (y ya son una docena) tienes en tus manos el informe UNIVERSITIC, análisis global y minucioso de las TI en el Sistema Universitario Español (SUE). Como viene siendo habitual, está estructurado en tres capítulos, una introducción y distintos anexos y elementos complementarios. Aunque el núcleo central que da sentido y continuidad al infor...
Article
Purpose The purpose of this paper is to explore the relationship between the availability and use of IT solutions for strategic knowledge management (SKM) and the universities’ performance, measured in terms of scientific production. Design/methodology/approach Drawing on the resource-based view (RBV) and the knowledge-based theory, the authors de...
Article
Purpose: This paper aims to explore the determinants of firms’ attitudes to R&D cooperation with universities with the goal to propose a model of knowledge transfer university-firm. Design/methodology/approach: By understanding university-industry cooperation as a process, the model in this study is based on two factors: the “promoter of universit...
Article
Knowledge Intensive Business Services (KIBS) firms are emerging into a knowledge-processing and knowledge-producing industry. Universities contribute to the creation of KIBS firms through university spin-offs (USOs), which represent an opportunity to boost knowledge spillovers from university to industry thanks to their cutting-edge research knowle...
Article
Full-text available
El análisis de las pequeñas y medianas empresas (pymes) es un tema que han abordado una gran cantidad de investigadores bajo la premisa de que este grupo de empresas es un importante dinamizador de la economía de un país. En el caso de Ecuador diversos estudios indican que este tipo de empresas representa un porcentaje importante en cuanto a su núm...
Chapter
The new technology-based firms (NTBF) are a key element of economic growth, and therefore, understanding NTBF´s driving forces becomes a particularly important field of study. Relatively few studies have addressed the analysis of the determinants of technology entrepreneurship (TE), and those that did, have paid more attention to institutional or e...
Article
The degree of connection and integration between stock market indices is crucial to identifying the potential benefits associated with international diversification. However, there have been no findings on relationships between sustainability indices. The present study analyses the existence of equilibrium between short- and long-term environmental...
Article
Full-text available
This paper analyzes the relationship between firms’ innovation and growth measured by sales and labor productivity in Ecuador. The literature on this topic has focused mainly on developed countries. We apply panel data quantile regressions to analyze a sample of 99,872 private limited company and public limited company for the period 2000-2013. Qua...
Article
Full-text available
Purpose: The current article explores the relationship between a set of variables, with special focus on innovation, and the company growth, which is considered one of the main drivers of the country economies. Methodology: The present research contributes to discussion about factors that motivate company growth, using innovation measure as an exp...
Article
Purpose The purpose of this paper is to analyse the effect of six governance indicators on the rate of creation of new companies between countries that are members of the European Union (EU) and those that are not. H1 states that the various dimensions of governance help to explain the immediate creation of new businesses in European and non-Europe...
Article
The degree of connection and integration between stock market indices is crucial to identifying the potential benefits associated with international diversification. However, there have been no findings on relationships between sustainability indices. The present study analyses the existence of equilibrium between short- and long-term environmental...
Conference Paper
This paper advances the study of the researcher´s motivators to collaborate with firms from a Triple Helix perspective. Based on a conceptual framework that relates the Agency Theory assumptions with those variables that literature considers as motivators of the researchers and firms to collaborate, we worked with a sample of 420 research groups of...
Book
Full-text available
El año 2016 se ha caracterizado por una caída del TEA, que ha pasado de 5,51 a 3,99 puntos porcentuales. La lectura detallada de esta cifra nos lleva a situarnos en una caída del TEA por necesidad, de modo mayoritario entre los hombres. Así, por primera vez en 10 años, con 4,09 la ratio TEA femenina supera a la masculina y contribuye a amortiguar l...
Book
Full-text available
Con un TEA de 5,51 el más elevado desde 2008, la ratio TEA que mide el porcentaje de población adulta que tiene intención de emprender, presenta una positiva visión del año 2015, asentada además en iniciativas que tienen entre 3 y 42 meses de actividad, el más complicado de los períodos en el proceso emprendedor, iniciativas además que tienen inten...
Article
Purpose The purpose of this paper is to explore the survival of university spin-offs (USOs) in Spain. First, the survival rates of USOs are compared with those of a group of similar firms. Second, the firm-specific characteristics of surviving USOs are compared with those of failed USOs. Design/methodology/approach The study is based on two subsam...
Article
Purpose The purpose of this paper is to explore the hypothesis that the university context may partially determine the growth of university spin-offs (USOs), with a cross-national analysis and using an “interactionist” approach. Design/methodology/approach Two samples of USOs, from Spain and Italy (531 and 952 firms, respectively), were examined...