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Innovation strategies of firms : What strategies and why?

Karlsson, Charlie and Tavassoli, Sam LU (2015) In Journal of Technology Transfer
Abstract

This paper analyzes various innovation strategies of firms. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behavior of firms over a 10-year period, i.e. between 2002 and 2012. We distinguish between sixteen innovation strategies, which compose of Schumpeterian four types of innovations (process, product, marketing, and organizational) plus various combinations of these four types. First, we find that firms are not homogenous in choosing innovation strategies, instead, they have a wide range of preferences when it comes to innovation strategy and some of the innovation strategies are “commonly” used among firms. Second, using Transition Probability Matrix, we found that firms also persist to... (More)

This paper analyzes various innovation strategies of firms. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behavior of firms over a 10-year period, i.e. between 2002 and 2012. We distinguish between sixteen innovation strategies, which compose of Schumpeterian four types of innovations (process, product, marketing, and organizational) plus various combinations of these four types. First, we find that firms are not homogenous in choosing innovation strategies, instead, they have a wide range of preferences when it comes to innovation strategy and some of the innovation strategies are “commonly” used among firms. Second, using Transition Probability Matrix, we found that firms also persist to have such a diverse innovation strategy preferences. Finally, using Multinomial Logit model, we explained the determinant of each and every innovation strategies, while we gave special attention to the commonly used innovation strategies among firms.

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Please use this url to cite or link to this publication:
author
publishing date
type
Contribution to journal
publication status
in press
subject
keywords
Community Innovation Survey, Innovation strategy, Marketing innovations, Organizational innovations, Process innovations, Product innovations
in
Journal of Technology Transfer
publisher
Springer
external identifiers
  • Scopus:84946103731
ISSN
0892-9912
DOI
10.1007/s10961-015-9453-4
language
English
LU publication?
no
id
d1df62c9-3f0e-40a4-aeeb-0df756750519
date added to LUP
2016-05-18 22:07:21
date last changed
2016-07-05 10:55:43
@misc{d1df62c9-3f0e-40a4-aeeb-0df756750519,
  abstract     = {<p>This paper analyzes various innovation strategies of firms. Using five waves of the Community Innovation Survey in Sweden, we have traced the innovative behavior of firms over a 10-year period, i.e. between 2002 and 2012. We distinguish between sixteen innovation strategies, which compose of Schumpeterian four types of innovations (process, product, marketing, and organizational) plus various combinations of these four types. First, we find that firms are not homogenous in choosing innovation strategies, instead, they have a wide range of preferences when it comes to innovation strategy and some of the innovation strategies are “commonly” used among firms. Second, using Transition Probability Matrix, we found that firms also persist to have such a diverse innovation strategy preferences. Finally, using Multinomial Logit model, we explained the determinant of each and every innovation strategies, while we gave special attention to the commonly used innovation strategies among firms.</p>},
  author       = {Karlsson, Charlie and Tavassoli, Sam},
  issn         = {0892-9912},
  keyword      = {Community Innovation Survey,Innovation strategy,Marketing innovations,Organizational innovations,Process innovations,Product innovations},
  language     = {eng},
  month        = {11},
  publisher    = {ARRAY(0x8a3d7e0)},
  series       = {Journal of Technology Transfer},
  title        = {Innovation strategies of firms : What strategies and why?},
  url          = {http://dx.doi.org/10.1007/s10961-015-9453-4},
  year         = {2015},
}