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Innovation Strategies and Firm Performance: Simple or Complex Strategies?
Blekinge Tekniska Högskola, Fakulteten för teknikvetenskaper, Institutionen för industriell ekonomi.ORCID-id: 0000-0002-1315-9753
Blekinge Tekniska Högskola, Fakulteten för teknikvetenskaper, Institutionen för industriell ekonomi. CIRCLE.
2016 (engelsk)Inngår i: Economics of Innovation and New Technology, ISSN 1043-8599, E-ISSN 1476-8364, Vol. 25, nr 7, s. 631-650Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

This paper analyzes the effect of various innovation strategies (ISs) of firms on their future performance, captured by labor productivity. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behavior of firms over a decade, that is, from 2002 to 2012. We defined ISs to be either simple or complex (in various degrees). We call an IS a simple IS when firms engage in only one of the four types of Schumpeterian innovations, that is, product, process, marketing, or organizational, while a complex IS is when firms simultaneously engage in more than one type. The main findings indicate that those firms that choose and afford to have complex ISs are better off in terms of their future productivity in comparison with those firms that choose not to innovative (base group) and also in comparison with those firms that choose simple ISs. The results are mostly robust for those complex innovators that have a higher degree of complexity and also keep the balance between technological (product and process) and non-technological (organizational and marketing) innovations.

sted, utgiver, år, opplag, sider
Routledge, 2016. Vol. 25, nr 7, s. 631-650
Emneord [en]
Community Innovation Survey; complex; firm level; firm performance; Innovation strategy; panel; productivity; simple
HSV kategori
Identifikatorer
URN: urn:nbn:se:bth-11701DOI: 10.1080/10438599.2015.1108109ISI: 000410576000001OAI: oai:DiVA.org:bth-11701DiVA, id: diva2:910305
Tilgjengelig fra: 2016-03-08 Laget: 2016-03-08 Sist oppdatert: 2017-09-29bibliografisk kontrollert

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