Essec\Faculty\Model\Contribution {#2233 ▼
#_index: "academ_contributions"
#_id: "15439"
#_source: array:26 [
"id" => "15439"
"slug" => "15439-recessions-institutions-and-regional-exploration"
"yearMonth" => "2025-04"
"year" => "2025"
"title" => "Recessions, institutions, and regional exploration"
"description" => "KUMAR, A. et OPERTI, E. (2025). Recessions, institutions, and regional exploration. <i>Research Policy</i>, 54(3), pp. 105189. 
KUMAR, A. et OPERTI, E. (2025). Recessions, institutions, and regional exploration. <i>Research Poli "
"authors" => array:2 [
0 => array:3 [
"name" => "OPERTI Elisa"
"bid" => "B00401614"
"slug" => "operti-elisa"
]
1 => array:1 [
"name" => "Kumar Amit"
]
]
"ouvrage" => ""
"keywords" => array:4 [
0 => "Recession"
1 => "Technological exploration"
2 => "Regional innovation"
3 => "Institutions"
]
"updatedAt" => "2025-02-24 13:23:09"
"publicationUrl" => "https://doi.org/10.1016/j.respol.2025.105189"
"publicationInfo" => array:3 [
"pages" => "105189"
"volume" => "54"
"number" => "3"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "This paper investigates how recessions affect regional exploration, defined as innovation in technologies that extend beyond a region's existing knowledge base. By analyzing USPTO patent data from 2002 to 2015 across the United States, we demonstrate that regional exploration is counter-cyclical. We further examine whether changes in regional institutions – specifically, public R&D, university R&D, and banking – partially mediate the effect of recessions on regional exploration. Our results indicate that only the increasing predominance of international banks in regional banking systems serves a partial mediator. These findings broaden our understanding of how business cycles impact innovation, suggesting that recessions may encourage the creation of new technological trajectories within regions. Furthermore, our study identifies which institutional factors during recessions support regional exploration, enhancing a region's potential for future growth and adaptability. This paper investigates how recessions affect regional exploration, defined as innovation in technol "
"en" => "This paper investigates how recessions affect regional exploration, defined as innovation in technologies that extend beyond a region's existing knowledge base. By analyzing USPTO patent data from 2002 to 2015 across the United States, we demonstrate that regional exploration is counter-cyclical. We further examine whether changes in regional institutions – specifically, public R&D, university R&D, and banking – partially mediate the effect of recessions on regional exploration. Our results indicate that only the increasing predominance of international banks in regional banking systems serves a partial mediator. These findings broaden our understanding of how business cycles impact innovation, suggesting that recessions may encourage the creation of new technological trajectories within regions. Furthermore, our study identifies which institutional factors during recessions support regional exploration, enhancing a region's potential for future growth and adaptability. This paper investigates how recessions affect regional exploration, defined as innovation in technol "
]
"authors_fields" => array:2 [
"fr" => "Management"
"en" => "Management"
]
"indexedAt" => "2025-04-11T06:21:39.000Z"
"docTitle" => "Recessions, institutions, and regional exploration"
"docSurtitle" => "Articles"
"authorNames" => "<a href="/cv/operti-elisa">OPERTI Elisa</a>, Kumar Amit"
"docDescription" => "<span class="document-property-authors">OPERTI Elisa, Kumar Amit</span><br><span class="document-property-authors_fields">Management</span> | <span class="document-property-year">2025</span> <span class="document-property-authors">OPERTI Elisa, Kumar Amit</span><br><span class="document-pro "
"keywordList" => "<a href="#">Recession</a>, <a href="#">Technological exploration</a>, <a href="#">Regional innovation</a>, <a href="#">Institutions</a> <a href="#">Recession</a>, <a href="#">Technological exploration</a>, <a href="#">Regional innovatio "
"docPreview" => "<b>Recessions, institutions, and regional exploration</b><br><span>2025-04 | Articles </span>"
"docType" => "research"
"publicationLink" => "<a href="https://doi.org/10.1016/j.respol.2025.105189" target="_blank">Recessions, institutions, and regional exploration</a> <a href="https://doi.org/10.1016/j.respol.2025.105189" target="_blank">Recessions, institutions, and "
]
+lang: "fr"
+"_type": "_doc"
+"_score": 8.746462
+"parent": null
}
