The Role of Regional Context on Innovation Persistency of Firms

Sam Tavassoli and Charlie Karlsson ()

No 2017/11, Papers in Innovation Studies from Lund University, CIRCLE - Centre for Innovation Research

Abstract: This paper analyses the role of regional context on innovation persistency of firms. Using five waves of the Community Innovation Survey in Sweden, we have traced firms’ innovative behaviour from 2002 to 2012, in terms of four Schumpeterian types of innovation: product, process, organizational, and marketing. Employing transition probability matrix and dynamic Probit model and controlling for an extensive set of firm-level characteristics, we find that certain regional characteristics matter for innovation persistency of firms. In particular, those firms located in regions with (i) thicker labour market or (ii) higher extent of knowledge spillover exhibit higher probability of being persistent innovators up to 14 percentage points. Such higher persistency is mostly pronounced for product innovators.

Keywords: location; innovation; persistence; product innovations; process innovations; market innovations; organizational innovations; firms; Community Inno¬vation Survey (search for similar items in EconPapers)
JEL-codes: D22 L20 O31 O32 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2017-08-06
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-eur, nep-geo, nep-ino, nep-sbm, nep-tid and nep-ure
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: The role of regional context on innovation persistency of firms (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:lucirc:2017_011

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