Innovation determinants over industry life cycle

Research output: Contribution to journalArticle

Abstract

This paper analyzes how the influence of firm-level innovation determinants varies over the industry life cycle. Two sets of determinants are distinguished: (1) determinants of a firm's innovation propensity, i.e. the likelihood of being innovative and (2) determinants of its innovation intensity, i.e. innovation sales. By combining the literature emphasizing firms' internal resources (micro-level) with the research strand on the role of the industry context (meso-level), the paper develops hypotheses about the relative importance of firm-level innovation determinants over the industry life cycle. Estimation of a firm-level model of innovation in Sweden, while acknowledging the stage of the life cycle of the industry a firm belongs to, shows that the importance of the determinants of innovation propensity and intensity is not equal over the stages of an industry's life cycle.

Details

Authors
External organisations
  • Blekinge Institute of Technology
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Economics and Business

Keywords

  • Community innovation survey (CIS4), Determinants of innovation, Industry life cycle (ILC), Innovation intensity, Innovation propensity
Original languageEnglish
Pages (from-to)18-32
Number of pages15
JournalTechnological Forecasting & Social Change
Volume91
Publication statusPublished - 2015 Feb 1
Publication categoryResearch
Peer-reviewedYes
Externally publishedYes