Innovation strategies of firms: What strategies and why?
By C. Karlsson, S. Tavassoli. 2016
111 citations recorded by the source corpus.
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.
Subfields: Economics and Econometrics, Management Science and Operations Research, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/bf3b01bb9511fffd10d342e6ebe4af24fcb3498f
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
In Management Science and Operations Research
In Strategy and Management
Citations in the corpus
- Effects of innovation strategies on export performance: New empirical evidence from developing market firms (2020, background): “Nevertheless, firms are increasingly investing in different types of innovations, either simultaneously or complementarily (Karlsson and Tavassoli, 2016).”
- Hospitality innovation strategies: An analysis of success factors and challenges (2019, methodology): “In their recent work, Karlsson and Tavassoli (2016) explored the question of what basic types or innovation or what combination of types of innovation firms should introduce.”