 Innovation determinants over industry life cycleTechnological Forecasting and Social Change, 2015, vol. 91, issue C, 18-32 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. Keywords: Determinants of innovation; Innovation intensity; Innovation propensity; Industry life cycle (ILC); Community Innovation Survey (CIS4) (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:91:y:2015:i:c:p:18-32 DOI: 10.1016/j.techfore.2013.12.027 Access Statistics for this article Technological Forecasting and Social Change is currently edited by Fred Phillips More articles in Technological Forecasting and Social Change from Elsevier |
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