Persistence of various types of innovation analyzed and explained
2015 (English)In: Research Policy, ISSN 0048-7333, E-ISSN 1873-7625, Vol. 44, no 10, 1887-1901 p.Article in journal (Refereed) PublishedText
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.
Place, publisher, year, edition, pages
2015. Vol. 44, no 10, 1887-1901 p.
Community Innovation Surveya, Firms, Heterogeneity, Innovation, Marketing innovations, Organizational innovations, Persistence, Process innovations, Product innovations, State dependence, Commerce, Marketing, Organizational innovation, Process Innovation, Product innovation
Economics and Business
IdentifiersURN: urn:nbn:se:kth:diva-181255DOI: 10.1016/j.respol.2015.06.001ISI: 000364620700008ScopusID: 2-s2.0-84945258024OAI: oai:DiVA.org:kth-181255DiVA: diva2:903563
QC 201602162016-02-162016-01-292016-02-16Bibliographically approved