Persistence of Various Types of Innovation Analyzed and Explained

Sam Tavassoli and Charlie Karlsson ()

No 2015/19, Papers in Innovation Studies from Lund University, CIRCLE - Centre for Innovation Research

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.

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: 37 pages
Date: 2015-05-14
New Economics Papers: this item is included in nep-com, nep-cse, nep-ent, nep-ino, nep-knm and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
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 analysed and explained (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:lucirc:2015_019

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