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Drivers to firm innovation and their effects on performance: An international comparison

Cristina Fernandes, Joao Ferreira and Mário Raposo ()

MPRA Paper from University Library of Munich, Germany

Abstract: This research aims to analyse the drivers to company innovation and their effects on the financial performance. This study is based upon a sample of companies, located in two neighbouring countries (Portugal and Spain). Linear regression was the methodology deployed to analyse the importance of innovation types (differences between Portugal and Spain). To analyse the extent to which the innovation capacity variables influence financial performance (turnover), we made recourse to Probit Regression models. Our results show significant differences in terms of both the drivers and inhibitors to innovation in these two countries. The introduction of products into new markets only proved significant at Spanish companies whilst innovations in both products and processes are significant in both sets of Iberian companies.

Keywords: innovation firm; innovation capacities; financial performance; Iberian countries (search for similar items in EconPapers)
JEL-codes: M1 M10 M21 (search for similar items in EconPapers)
Date: 2013-05
New Economics Papers: this item is included in nep-cse, nep-eur, nep-ino, nep-knm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

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