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Industry- and firm-specific factors of innovation novelty

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  • Natália Barbosa
  • Ana Paula Faria
  • Vasco Eiriz

Abstract

This article investigates the underlying factors that might shape the firm’s choices with respect to degrees of innovation novelty. Using a sample of 2983 firms observed under the Portuguese Community Innovation Survey, we assess the relative relevance of a set of firm- and industry-specific factors in explaining firms’ choices about incremental or radical innovation. The results indicate that both the firm’s idiosyncratic historical factors giving rise to heterogeneous R&D capabilities and the industry context have power to shape the firm’s innovation choices, even though firm-specific factors appear to be more powerful. The estimated impacts on firm’s innovation novelty are, nonetheless, significantly moderated by the type of firm and industry.

Suggested Citation

  • Natália Barbosa & Ana Paula Faria & Vasco Eiriz, 2014. "Industry- and firm-specific factors of innovation novelty," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(3), pages 865-902.
  • Handle: RePEc:oup:indcch:v:23:y:2014:i:3:p:865-902.
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    6. Rodriguez, Mercedes & Doloreux, David & Shearmur, Richard, 2017. "Variety in external knowledge sourcing and innovation novelty: Evidence from the KIBS sector in Spain," Technovation, Elsevier, vol. 68(C), pages 35-43.
    7. Segundo Abrahán Sanabria Gómez, 2022. "Progreso tecnológico y desigualdades económicas: una aproximación empírica para Colombia (1974-2015)," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 41(73), pages 85-112, February.
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    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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