Industry - and firm-specific factors of innovation novelty

Natália Barbosa (), Ana Faria and Vasco Eiriz ()
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Vasco Eiriz: Universidade do Minho - Departamento de Gestão, http://www.eeg.uminho.pt

No 10/2013, NIPE Working Papers from NIPE - Universidade do Minho

Abstract: This paper investigates the underlying factors that might shape the firm’s choices with respect to degrees of innovation novelty. Using a sample of 2983 firms observed under the Portuguese Community Innovation Survey, we assess the relative relevance of a set of firm- and industry-specific factors in explaining firms’ choices about incremental or radical innovation. The results indicate that both the firm’s idiosyncratic historical factors giving rise to heterogeneous R&D capabilities and the industry context have power to shape the firm’s innovation choices, even though firm-specific factors appear to be more powerful. The estimated impacts on firm’s innovation novelty are, nonetheless, significantly moderated by the type of firm and industry.

Keywords: Radical and incremental innovation; competitive environment; R&D capabilities. (search for similar items in EconPapers)
JEL-codes: L10 L21 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-bec, nep-cdm, nep-com, nep-cse, nep-ino, nep-knm, nep-sbm and nep-tid
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Citations: View citations in EconPapers (4)

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Journal Article: Industry- and firm-specific factors of innovation novelty (2014)
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