HOW BARRIERS INFLUENCE FIRMS’ SEARCH STRATEGIES AND INNOVATIVE PERFORMANCE
David Adeyeye (),
Abiodun Egbetokun,
Jacob Opele (),
Omolayo Oluwatope and
Maruf Sanni
Additional contact information
David Adeyeye: Department of Planning, Programming and Linkages, National Centre for Technology Management, Federal Ministry of Science and Technology, PMB 012, Obafemi Awolowo University, Ile-Ife, Nigeria
Omolayo Oluwatope: #x2020;Department of Science Policy and Innovation Studies, National Centre for Technology Management, Federal Ministry of Science and Technology, PMB 012, Obafemi Awolowo University, Ile-Ife, Nigeria
International Journal of Innovation Management (ijim), 2018, vol. 22, issue 02, 1-21
Abstract:
This paper contributes to intellectual discourse on the impact of barriers to firms’ innovative performance and external search strategies in the context of a developing country. Using data from the 2011 Nigeria’s innovation survey in the manufacturing sector, we tested three hypotheses: the relationship between barriers and firms’ innovativeness, breadth and depth of external knowledge sources. We found that firms’ innovativeness can decrease when they encounter a broad range of organisational rigidities. On the contrary, firms’ innovativeness increase in the face of regulatory constraints as firms may evolve ways to circumvent problematic bureaucracies while expectedly, as knowledge and infrastructure barriers become more intense, firms find it difficult to implement innovations. Similarly, we found that higher intensity of barriers, particularly knowledge and infrastructure barriers is associated with lower breadth of search. Hence, our results underscore the importance of regulation and infrastructure as key requirements for enhancing not only firm-level innovation but also knowledge search activities of firms.
Keywords: Innovation barriers; external search strategies; innovation performance; manufacturing; Nigeria; developing countries (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:22:y:2018:i:02:n:s1363919618500111
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DOI: 10.1142/S1363919618500111
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