Papers in Innovation Studies, CIRCLE, Center for Innovation, Research and Competences in the Learning Economy, Lund University
Persistence of Various Types of Innovation Analyzed and Explained
() and Charlie Karlsson
Abstract: 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.
Keywords: Persistence; innovation; product innovations; process innovations; market innovations; organizational innovations; state dependence; heterogeneity; firms; Community Innovation Survey; (follow links to similar papers)
JEL-Codes: D22; L20; O31; O32; (follow links to similar papers)
37 pages, May 14, 2015
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