Innovation Capabilities of a Firm: a Key Role of Information Exploration

Anatoly K. Kazantcev, Anna V. Logacheva and Anna Veselova

No 8671, Conference Papers from Graduate School of Management, St. Petersburg State University

Abstract: Following the logic of resource-based view and dynamic capabilities, exploration and exploitation concepts the present study addresses the concept of firmÙ³ innovation resources and innovation capabilities. Empirical testing of measurement model conducted on the sample of 55 Russian industrial enterprises identified a set of six components of innovation capabilities: financial, technological, informational (exploration and exploitation), human and organizational. Information exploration component is found to be the most important for firmÙ³ innovation capabilities formation, while financial component is found to be critical to form firmÙ³ innovation resources.

Keywords: innovation capabilities; innovation measurement; information exploration; resource-based view; dynamic capabilities; innovation resources; innovative firm (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-cis, nep-cse, nep-ino and nep-sbm
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