Persistence of various types of innovation analyzed and explained

Research output: Contribution to journalArticle

Abstract

This paper analyzes the persistency in innovation behavior of firms. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behavior of firms over a ten-year period, i.e., between 2002 and 2012. We distinguish between four types of innovations: process, product, marketing, and organizational innovations. First, using transition probability matrix, we found evidence of (unconditional) state dependence in all types of innovation, with product innovators having the strongest persistent behavior. Second, using a dynamic probit model, we found evidence of "true" state dependency among all types of innovations, except marketing innovators. Once again, the strongest persistency was found for product innovators. (C) 2015 Elsevier B.V. All rights reserved.

Details

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

Subject classification (UKÄ) – MANDATORY

  • Business Administration

Keywords

  • Community Innovation Survey, Firms, Heterogeneity, State dependence, Organizational innovations, Marketing innovations, Process innovations, Product innovations, Innovation, Persistence
Original languageEnglish
Pages (from-to)1887-1901
JournalResearch Policy
Volume44
Issue number10
Publication statusPublished - 2015
Publication categoryResearch
Peer-reviewedYes