Beatriz Corchuelo Martínez-Azúa, Luísa Margarida Cagica Carvalho
Innovation is one of the pillars that sustains the productive dynamism of a company, region or country. This research aims in particular to identify the barriers to innovation that influence the innovative process of Extremaduran knowledge intensive business services (KIBS) companies and their subsequent performance in innovation. Data were obtained from an ad hoc questionnaire sent to managers of Extremaduran companies (Spain). Two waves of data are available: 2011 and 2013. From these, various aspects related to the objective of the work are analyzed descriptively and econometrically. Results reveal the existence of obstacles, mainly of a financial and market nature, which hinder innovation in companies. We propose guidelines to encourage public and private entities to formulate measures and policy proposals aimed at improving innovation performance and overcoming barriers to innovation
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