Senior Research Associate
Centre for Business Research (CBR)
I have been a Senior Research Fellow at the Centre for Business Research (CBR) since 2007. I am also a Full Professor of Economics at the Institute of Economics, Pro-Rector for International Relations, and Associate Scientific Coordinator of the EMbeDS (Economics and Management in the Era of Data Science programme) of Scuola Superiore Sant’Anna in Pisa.
I am a member of the International Schumpeter Society, American Economic Association, European Economic Association, and Strategic Management Society.
Personal background
Andrea Mina has been Senior Research Fellow at the Centre for Business Research (CBR) since 2007. He is Full Professor of Economics at the Institute of Economics, Pro-Rector for International Relations, and Associate Scientific Coordinator of the EMbeDS (Economics and Management in the Era of Data Science programme) of Scuola Superiore Sant’Anna in Pisa. Until 2016 he was University Lecturer in Economics of Innovation at the Cambridge Judge Business School (CJBS). At the University of Cambridge he also served as Senior Research Associate of the CBR, Director of Economic Studies and Fellow of St Edmund’s College, and Policy Fellow of the Centre for Science and Technology (CSaP).
His work has been presented at leading international conferences including, but not limited to, the NBER Summer Institute, DRUID, European Economic Association, International Schumpeter Society, European Commission/JRC-IPTS CONCORDi, Academy of Management, Financial Management Association, and Geography of Innovation (GEOINNO) conferences. He is a member of the International Schumpeter Society, American Economic Association, European Economic Association, and Strategic Management Society.
Publications
Selected publications
- Cirillo, V., Fanti, L., Mina, A. and Ricci, A. (2023) “New digital technologies and firm performance in the Italian economy.” Industry and Innovation, 30(1): 159-188 (DOI: 10.1080/13662716.2022.2055999)
- Mina, A., Santoleri, P., di Minin, A. and Martelli, I. (2022) “The causal effects of R&D grants: evidence from a regression discontinuity.” Review of Economics and Statistics (DOI: 10.1162/rest_a_01233) (published online Jul 2022)
- Mina, A., Esposito, C., Gortan, M., Testa, L., Chiaromonte, F., Fagiolo, G. and Rossetti, G. (2022) “Venture capital investments through the lens of network and functional data analysis.” Applied Network Science, 7(42) (DOI: 10.1007/s41109-022-00482-y)
- Mina, A., Cirillo, V., Fanti, L. and Ricci, A. (2022) “Upgrading Italy’s industrial capacity: Industry 4.0 across regions and sectors.” SINAPPSI – Journal of the Italian National Institute for Public Policy (INAPP), 11(2): 14-35 (DOI: 10.53223/Sinappsi_2021-02-1)
- Rocchetta, S., Mina, A., Lee, C. and Kogler, D.F. (2022) “Technological knowledge spaces and the resilience of European regions.” Journal of Economic Geography, 22(1): 27-51 (DOI: 10.1093/jeg/lbab001)
- Consoli, D., Mina, A., Nelson, R.R. and Ramlogan, R. (2016) Medical innovation: science, technology and practice. London: Routledge, 1st edition.
Journal articles
- Cirillo, V., Fanti, L., Mina, A. and Ricci, A. (2023) “New digital technologies and firm performance in the Italian economy.” Industry and Innovation, 30(1): 159-188 (DOI: 10.1080/13662716.2022.2055999)
- Mina, A., Santoleri, P., di Minin, A. and Martelli, I. (2022) “The causal effects of R&D grants: evidence from a regression discontinuity.” Review of Economics and Statistics (DOI: 10.1162/rest_a_01233) (published online Jul 2022)
- Mina, A., Esposito, C., Gortan, M., Testa, L., Chiaromonte, F., Fagiolo, G. and Rossetti, G. (2022) “Venture capital investments through the lens of network and functional data analysis.” Applied Network Science, 7(42) (DOI: 10.1007/s41109-022-00482-y)
- Mina, A., Cirillo, V., Fanti, L. and Ricci, A. (2022) “Upgrading Italy’s industrial capacity: Industry 4.0 across regions and sectors.” SINAPPSI – Journal of the Italian National Institute for Public Policy (INAPP), 11(2): 14-35 (DOI: 10.53223/Sinappsi_2021-02-1)
- Rocchetta, S., Mina, A., Lee, C. and Kogler, D.F. (2022) “Technological knowledge spaces and the resilience of European regions.” Journal of Economic Geography, 22(1): 27-51 (DOI: 10.1093/jeg/lbab001)
- Martinelli, A., Mina, A. and Moggi, M. (2021) “The enabling technologies of industry 4.0: examining the seeds of the fourth industrial revolution.” Industrial and Corporate Change, 30(1): 161-188 (DOI: 10.1093/icc/dtaa060)
- Mina, A., Di Minin, A., Martelli, I., Testa, G. and Santoleri, P. (2021) “Public funding of innovation: exploring applications and allocations of the European SME Instrument.” Research Policy, 50(1): 104-131 (DOI: 10.1016/j.respol.2020.104131)
- Mina, A. and Santoleri, P. (2021) “The effect of the Great Recession on the employment growth of young vs. small firms in the Eurozone.” Structural Change and Economic Dynamics, 56: 184-194 (DOI: 10.1016/j.strueco.2020.11.002)
- Lahr, H. and Mina, A. (2021) “Endogenous financial constraints and innovation.” Industrial and Corporate Change, 30(3): 587-621 (DOI: 10.1093/icc/dtaa035)
- Jensen, C. and Mina, A. (2019) “Did transition bring cleaner air? The effects of ownership, territorial and technology policy on air pollution.” Ecological Economics, 165: 106276 (DOI: 10.1016/j.ecolecon.2019.03.017)
- Rocchetta, S. and Mina, A. (2019) “Technological coherence and the adaptive resilience of regional economies.” Regional Studies, 53(10): 1421-1434 (DOI: 10.1080/00343404.2019.1577552)
- Thune, T. and Mina, A. (2016) “Hospitals as innovators in the health care system: A literature review and research agenda.” Research Policy, 45(8): 1545-1557 (DOI: 10.1016/j.respol.2016.03.010)
- Lahr, H. and Mina, A. (2016) “Venture capital investments and the technological performance of portfolio firms.” Research Policy, 45(1): 303-318 (DOI: 10.1016/j.respol.2015.10.001)
- Lahr, H. and Mina, A. (2014) “Liquidity, technological opportunities, and the stage distribution of venture capital investments.” Financial Management, 43(2): 291-325 (DOI: 10.1111/fima.12048)
- Mina, A., Bascavusoglu-Moreau. E. and Hughes, A. (2014) “Open service innovation and the firm’s search for external knowledge.” Research Policy, 43(5): 853-866 (DOI: 10.1016/j.respol.2013.07.004)
- Bascavusoglu-Moreau, E., Mina, A. and Hughes, A. (2013) “Exploiting knowledge flows: openness and the innovative performance of business services.” Academy of Management Proceedings, 2013(1) (DOI: 10.5465/ambpp.2013.188)
- Probert, J., Connell, D. and Mina, A. (2013) “R&D service firms: the hidden engine of the high-tech economy?” Research Policy, 42(6-7): 1274-1285 (DOI: 10.1016/j.respol.2013.03.004)
- Mina, A., Lahr, H. and Hughes, A. (2013) “The demand and supply of external finance for innovative firms.” Industrial and Corporate Change, 22(4): 1-33 (DOI: 10.1093/icc/dtt020)
- Tether, B.S., Li, Q.C. and Mina, A. (2012) “Knowledge-bases, places, spatial configurations and the performance of knowledge-intensive professional service firms.” Journal of Economic Geography, 26: 969-1001 (DOI: 10.1093/jeg/lbs015)
- Mina, A. (2009) “The emergence of new knowledge, market evolution and the dynamics of micro-innovation systems.” Economics of Innovation and New Technology, 18(5): 447-466 (DOI: 10.1080/10438590802547167)
- Costa-Font, J., Courbage, C. and Mina, A. (2009) “Innovation and health: pathways to new technologies.” Economics of Innovation and New Technology, 18(5): 403-406 (DOI: 10.1080/10438590802547092)
- Consoli, D. and Mina, A. (2009) “An evolutionary perspective on health innovation systems.” Journal of Evolutionary Economics, 19(2): 297-319 (DOI: 10.1007/s00191-008-0127-3)
- Mina, A., Ramlogan, R., Tampubolon, G. and Metcalfe, J.S. (2007) “Mapping evolutionary trajectories: applications to the growth and transformation of medical knowledge.” Research Policy, 36(5): 789-806 (DOI: 10.1016/j.respol.2006.12.007)
- Ramlogan, R., Mina, A., Tampubolon, G. and Metcalfe, J.S. (2007) “Networks of knowledge: the distributed nature of medical innovation.” Scientometrics, 70(3): 459-489 (DOI: 10.1007/s11192-007-0212-7)
- Metcalfe, J.S., James, A. and Mina, A. (2005) “Emergent innovation systems and the delivery of clinical services: the case of intra-ocular lenses.” Research Policy, 34(9): 1283-1304 (DOI: 10.1016/j.respol.2005.01.015)
Books, monographs, reports and case studies
- Consoli, D., Mina, A., Nelson, R.R. and Ramlogan, R. (2016) Medical innovation: science, technology and practice. London: Routledge, 1st edition.
- Docherty, D., Eyton, D., Hughes, A., Martin, B., Mina, A., Pearce, S. and Probert, J. (2013) Growing value: business-university collaboration for the 21st century. London: National Centre for Universities and Business.
- Mina, A. and Probert, J. (2012) Enhancing collaboration, creating value: business interaction with the UK research base in four sectors. London: Council for Industry and Higher Education (CIHE).
- Hughes, A. and Mina, A. (2012) The UK R&D landscape. London: Council for Industry and Higher Education (CIHE).
- Hughes, A. and Mina, A. (2010) The impact of the patent system on SMEs. Cambridge: Centre for Business Research.
- Cox, D., Edler, J., Flanagan, K., Mina, A. and Cunningham, P. (2007) Study on Ireland’s international engagement in science, technology and innovation: module 1 report. Manchester: Alliance Manchester Business School, University of Manchester.
- Tether, B., Mina, A., Consoli, D. and Gagliardi, D. (2005) A literature review on skills and innovation: how does successful innovation impact on the demand for skills and how do skills drive innovation?A CRIC report for the Department of Trade and Industry. Manchester: ESRC Centre for Research on Innovation and Competition, University of Manchester.
Book chapters
- Deakin, S. and Mina, A. (2013) “Institutions and innovation: is corporate governance the missing link?” In: Pittard, M., Monotti, A. and Duns, J. (eds.) Business innovation: a legal balancing act – perspectives from intellectual property, labour and employment, competition and corporate laws. Cheltenham: Edward Elgar, pp.456-482
- Consoli, D., McMeekin, A., Metcalfe, J.S., Mina, A. and Ramlogan (2009) “The process of healthcare innovation: problem sequences, systems and symbiosis.” In: Costa-i-Font, J., Courbage, C. and McGuire, A. (eds.) The economics of new health technologies: incentives, organisation and financing. Oxford and New York: Oxford University Press.
- Mina, A. and Ramlogan, R. (2008) “Health innovation processes at the public-private interface.” In: Windrum, P. and Koch, P. (eds.) Innovation in public services: management, creativity, and entrepreneurship. Cheltenham: Edward Elgar.
Awards and honours
- Best Paper Award, DRUID 2022, Copenhagen Business School, 2022
- Outstanding Contribution in Reviewing, Research Policy, Elsevier, 2016
- Best Paper Award, CONCORDi-2013 Conference, JRC-IPTS/European Commission, 2013
- Best Paper Proceedings, Academy of Management Meeting, Lake Buena Vista, Orlando, 2013
- Nominated for the International Schumpeter Prize at the 7th European Meeting of Applied Evolutionary Economics (EMAEE), Sant’Anna School of Advanced Studies, Pisa, 2011
- Best Paper Award, 25th DRUID Celebration Conference ‘Entrepreneurship and Innovation’, Copenhagen Business School, 2008
- OPTIME AWARD, Prize for the Best Graduates of the University and ‘Politecnico’ of Turin, sponsored by ‘Unione Industriale Torino’, 2000
News and insight
Venture capital investment does not boost patents by technology firms, finds new study at University of Cambridge Judge Business School. 'Patenting has much sharper effects on VC investments than the other way around'. Venture capital firms are successful by picking innovative firms, not by boosting their patenting output. The number of patents obtained by technology firms is an often-used benchmark of supposed innovation, and some previous studies have found a positive link between venture capital (VC) investment and patent output. But a new study at University of Cambridge Judge Business School comes to a very different conclusion: the effect of VC on the patenting output of their portfolio companies is insignificant or negative. While VC firms react to patents in order to identify promising tech companies, VC investment doesn't boost invested firms' subsequent technological output. This suggests that a key role of VC investment is to focus tech firms' resources on exploiting their existing intellectual property (IP) through commercialisation rather than fresh technological exploration. "VC funds select portfolio companies based on the signalling function of patents," concludes the study published in the journal Research Policy. "Patenting has much sharper effects on VC investments than the other way around." The study…
Research by Professor Alan Hughes has played a pivotal role in the rollout of the highly successful Catapult Centres, which exist to encourage collaboration between academics and entrepreneurs. The Government's decision to expand the network of UK Catapult Centres is good news for technology and innovation – and great news for academics at Cambridge Judge Business School, whose research played a pivotal role in their inception. Speaking at the Satellite Applications Catapult in Harwell, Oxfordshire, business secretary Vince Cable said the seven existing Catapults had been so successful that two more would be opened by 2015/16 and an additional £7 million invested in the High Value Manufacturing Catapult. "Catapult centres have made a significant contribution over the last year, supporting businesses and developing new technologies. The total public and private sector investment in the Catapults so far is £1.4 billion and further investment will follow,” said Cable. By committing to investment in new technologies now, we are laying the foundations for the high-growth businesses of the future. This will allow them to grow, take on more employees and keep the UK at the forefront of global innovation.” Designed to create specialist institutions on the boundaries between universities and business, the…
The cost of R&D and innovation is the subject of an award-winning paper by CJBS's Andrea Mina. Andrea, CJBS Lecturer in Economics of Innovation, and Henry Lahr, a Research Fellow from Cambridge's Centre for Business Research, won the Best Paper Award at the CONCORDi-2013 Conference, organised by the European Commission in Seville in September. A bi-annual event that brings together international scholars and top-level European policy makers, the 2013 Conference focused on the theme of 'Financing R&D and innovation for firms' growth'. The Scientific Committee granted the award for Andrea and Henry's paper, Dynamic financial constraints and innovation: evidence from the UK innovation surveys. The Award, presented by Professor Bronwyn Hall, was granted for 'the originality, the scientific rigour and the policy relevance with which the authors deal with the complex relationship between the firm's financial constraints and its innovation'. The paper shows that R&D activities and innovation are a likely cause of financial constraints for companies, while the effect of financial constraints on future R&D and innovation is less important. The implication of this finding is that financial constraints may intensify at the early stages of innovation diffusion, when many UK firms (especially SMEs) may lack the resources necessary…