FIRM SIZE, RADICAL AND INCREMENTAL INNOVATION: A META-ANALYSIS BASED ON THE AWARENESS-MOTIVATION-CAPABILITY PERSPECTIVE

Xi Ouyang (), Zhiqiang Liu and Yucheng Zhang
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Xi Ouyang: Sichuan Univerisity, Chengdu, P. R. China
Zhiqiang Liu: ��Huazhong University of Science and Technology, Wuhan, P. R. China
Yucheng Zhang: ��Hebei University of Technology, Tianjin, P. R. China

International Journal of Innovation Management (ijim), 2022, vol. 26, issue 06, 1-27

Abstract: This study investigates the firm size-innovation puzzle through distinguishing radical from incremental innovation, and examining the country-level context (i.e., university–industry collaboration in R&D and competition intensity) that the firm size-innovation relationship is contingent on. The meta-analysis including 162 studies with 112,639 firms reveals that firm size can simultaneously benefit for radical and incremental innovations, while the measurement of firm size using the non-personnel indices can result in significant difference between the firm size-radical innovation and firm size-incremental innovation. Additionally, it is found that the positive relationship between firm size and radical innovation increases when university–industry collaboration in R&D and competition intensity is stronger. This study quantitatively summarises the relationship between firm size and radical/incremental innovation and updates the correlations reported in established literatures. Drawing on awareness-motivation-capability perspective, it takes an essential and frontier step in testing the country-level context that can influence the effect of firm size on innovation.

Keywords: Competition intensity; firm size; incremental innovation; radical innovation; university–industry collaboration in R&D (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1142/S1363919622500438

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