Observable factors of innovation strategy: Firm activities and industry effects

Krzysztof Szczygielski*, Wojciech Grabowski, Richard Woodward

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Responding to research questioning the significance of external factors such as industry and country in explaining the patterns of innovation-related activities, we examine the effects of factors both internal and external to the firm. Analyzing CIS data, we find that external factors are more helpful in explaining innovation strategies than internal factors. Our econometric model can quite adequately predict innovation strategies, implying that firm-specific factors might not dominate other factors as strongly as suggested by some prior studies.

Original languageEnglish
Title of host publicationEconomic Complexity and Evolution
EditorsAndreas Pyka, Keun Lee
PublisherSpringer Science and Business Media Deutschland GmbH
Pages63-87
Number of pages25
ISBN (Electronic)9783030849313
ISBN (Print)9783030849306
DOIs
Publication statusPublished - 17 Nov 2021

Publication series

NameEconomic Complexity and Evolution
ISSN (Print)2199-3173
ISSN (Electronic)2199-3181

Keywords

  • innovation
  • innovation strategy
  • National innovation systems
  • sectoral analysis
  • sectoral innovation systems

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