Persistence of various types of innovation analyzed and explained
Sam Tavassoli () and
Charlie Karlsson ()
Research Policy, 2015, vol. 44, issue 10, 1887-1901
This paper analyzes the persistency in innovation behavior of firms. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behavior of firms over a ten-year period, i.e., between 2002 and 2012. We distinguish between four types of innovations: process, product, marketing, and organizational innovations. First, using transition probability matrix, we found evidence of (unconditional) state dependence in all types of innovation, with product innovators having the strongest persistent behavior. Second, using a dynamic probit model, we found evidence of “true” state dependency among all types of innovations, except marketing innovators. Once again, the strongest persistency was found for product innovators.
Keywords: Persistence; Innovation; Product innovations; Process innovations; Marketing innovations; Organizational innovations; State dependence; Heterogeneity; Firms; Community Innovation Survey (search for similar items in EconPapers)
JEL-codes: D22 L20 O31 O32 (search for similar items in EconPapers)
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Working Paper: Persistence of various types of innovation analysed and explained (2015)
Working Paper: Persistence of Various Types of Innovation Analyzed and Explained (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:44:y:2015:i:10:p:1887-1901
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