Persistence of various types of innovation analyzed and explained

• 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.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business (hsv//eng)

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Business Administration (hsv//eng)

Nyckelord

Community Innovation Surveya

Firms

Heterogeneity

Innovation

Marketing innovations

Organizational innovations

Persistence

Process innovations

Product innovations

State dependence

Commerce

Marketing

Organizational innovation

Process Innovation

Product innovation

Community Innovation Survey

Firms

Heterogeneity

State dependence

Organizational innovations

Marketing innovations

Process innovations

Product innovations

Innovation

Persistence

Publikations- och innehållstyp

ref (ämneskategori)

art (ämneskategori)