EconPapers    
Economics at your fingertips  
 

Wearing failure as a path to innovation

Joao Ferreira (), Cristina I. Fernandes and Fernando A.F. Ferreira

Journal of Business Research, 2020, vol. 120, issue C, 195-202

Abstract: Innovation is a widely acknowledged key component of corporate performance management. However, most of the literature on this topic has tended to focus on determinants of corporate failure, thereby neglecting to look at the role of innovation failure in triggering innovative initiatives. By using a sample of companies covered by 2014 Community Innovation Survey data and applying econometric models, this study sought to analyze the impacts of innovative project failure. The results show that innovation failure is negatively correlated with companies’ experience and acquisition of external knowledge. The main findings are consistent with the scarce literature on this research topic, and highlight the positive role that companies’ accumulated experience has in their assimilation of knowledge flows.

Keywords: Innovation; Innovation failure; Company knowledge; Community Innovation Survey (CIS) (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0148296320304963
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:120:y:2020:i:c:p:195-202

DOI: 10.1016/j.jbusres.2020.08.006

Access Statistics for this article

Journal of Business Research is currently edited by A. G. Woodside

More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2021-10-19
Handle: RePEc:eee:jbrese:v:120:y:2020:i:c:p:195-202