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. (C) 2015 Elsevier B.V. All rights reserved.
Place, publisher, year, edition, pages
2015. Vol. 44, no 10, 1887-1901 p.
Persistence; Innovation; Product innovations; Process innovations; Marketing innovations; Organizational innovations; State dependence; Heterogeneity; Firms; Community Innovation Survey
IdentifiersURN: urn:nbn:se:bth-11172DOI: 10.1016/j.respol.2015.06.001ISI: 000364620700008OAI: oai:DiVA.org:bth-11172DiVA: diva2:881654