Persistence of various types of innovation analysed and explained

Charlie Karlsson () and Sam Tavassoli

No 392, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: This paper analyses the persistency in innovation behaviour of firms. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behaviour 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 behaviour. 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.

Keywords: persistence; innovation; product innovations; process innovations; market innovations; organizational innovations; state dependence; heterogeneity; firms; Community Innovation Survey (search for similar items in EconPapers)
JEL-codes: D22 L20 O31 O32 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2015-01-16
New Economics Papers: this item is included in nep-ent, nep-ino, nep-sbm and nep-tid
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Citations: View citations in EconPapers (62)

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Related works:
Journal Article: Persistence of various types of innovation analyzed and explained (2015)
Working Paper: Persistence of Various Types of Innovation Analyzed and Explained (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0392

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