How do ICT firms in Turkey manage innovation?: diversity in expertise versus diversity in markets

Semih Akçomak, Akdeve E. and Derya Fındık ()

No 2013-024, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: This paper provides a novel taxonomy of firms based on specialization versus diversification in production and markets. Firms may choose to specialize on few production activities or alternatively may build expertise in many activities. There is an accompanying decision when firms sell their products whether to serve few or many markets. We argue that the location on the specialization-diversification spectrum significantly affects how firms manage innovation. For a sample of 90 innovator ICT firms in Ankara we find that cooperation structure, sources of innovation and funding of RD display statistically significant different patterns according to the specialization-diversification taxonomy.

Keywords: Firm Organization and Market Structure; Information and Internet Services; Computer Software; Management of Technological Innovation and R&D (search for similar items in EconPapers)
JEL-codes: L22 L86 O32 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-ara, nep-cse, nep-cwa, nep-ind, nep-ino, nep-knm and nep-sbm
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Working Paper: How do ICT firms in Turkey manage innovation? Diversity in expertise versus diversity in markets (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2013024

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