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How do ICT firms in Turkey manage innovation? : diversity in expertise versus diversity in markets

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  • Akçomak S.
  • Akdeve E.
  • Fındık D.

    (UNU-MERIT)

Abstract

This paper provides a novel taxonomy of firms based on specialization versus diversification in production and markets. Firms may choose to specialize on few production activities or alternatively may build expertise in many activities. There is an accompanying decision when firms sell their products whether to serve few or many markets. We argue that the location on the specialization-diversification spectrum significantly affects how firms manage innovation. For a sample of 90 innovator ICT firms in Ankara we find that cooperation structure, sources of innovation and funding of RD display statistically significant different patterns according to the specialization-diversification taxonomy.

Suggested Citation

  • Akçomak S. & Akdeve E. & Fındık D., 2013. "How do ICT firms in Turkey manage innovation? : diversity in expertise versus diversity in markets," MERIT Working Papers 024, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  • Handle: RePEc:unm:unumer:2013024
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    References listed on IDEAS

    as
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    Keywords

    Firm Organization and Market Structure; Information and Internet Services; Computer Software; Management of Technological Innovation and R&D;

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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