Economics of Industrial Innovation

Freeman, Christopher

doi:10.4324/9780203064474

Cited by 1,173 publications

(1,367 citation statements)

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“…First, if a given firm belongs to a growing industries (like computer and related activities), it is generally better to have offensive innovation strategy by investing in several types of innovation activities, such as internal and external R&D, training of employees, acquisition of machinery, and market introduction of innovation [56] 23 . This is because the return on investment in innovation activities is higher in this stage in compare with other stages of ILC.…”

Section: Resultsmentioning

confidence: 99%

Innovation determinants over industry life cycle

Tavassoli

2015

Technological Forecasting and Social Change

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This paper analyzes how the influence of firm-level innovation determinants varies over the industry life cycle. Two sets of determinants are distinguished: (1) determinants of a firm's innovation propensity, i.e. the likelihood of being innovative and (2) determinants of its innovation intensity, i.e. innovation sales. By combining the literature emphasizing firms' internal resources (micro level) with the research strand on the role of the industry context (mesolevel), the paper develops hypotheses about the relative importance of firm-level innovation determinants over the industry life cycle. Estimation of a firm-level model of innovation in Sweden, while acknowledging the stage of the life cycle of the industry a firms belongs to, shows that the importance of the determinants of innovation propensity and intensity are not equal over the stages of an industry's life cycle.

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Section: Resultsmentioning

confidence: 99%

Innovation determinants over industry life cycle

Tavassoli

2015

Technological Forecasting and Social Change

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“…Therefore the decision making by firms related to their internal learning processes or to their responses to external changes will also explain alterations at the IS level. A large literature exists when dealing with different innovative strategies of firms both at an individual and aggregate level (Freeman, 1974, Pavitt, 1984. As pointed out by Freeman (1974), in line with the Evolutionary Theory of firms, organizations differ in part due to their innovation strategies.…”

Section: Innovation Systems and The Innovative Strategies Of Firmsmentioning

confidence: 99%

“…A large literature exists when dealing with different innovative strategies of firms both at an individual and aggregate level (Freeman, 1974, Pavitt, 1984. As pointed out by Freeman (1974), in line with the Evolutionary Theory of firms, organizations differ in part due to their innovation strategies. The author suggested that whilst some companies follow traditional, dependent or imitative strategies and hardly get involved in R&D activities (apart from adaptive R&D), others present a more active behavior regarding innovation (defensive or offensive strategies).…”

Section: Innovation Systems and The Innovative Strategies Of Firmsmentioning

confidence: 99%

The Spanish Cod Fishing Industry: Radical Production Changes Without Significant Changes in the Innovation System

López¹

2012

JEMI

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“…They contrasted it with the literature on innovation, which reflected a contingent approach to management of innovation for complex products or services. The particular dichotomized view -incremental versus radical innovationsuggested that organizations performing more innovative tasks (characterized by a greater degree of uncertainty) should be inherently different from those performing routine tasks or producing routine products (Abernathy & Utterback, 1978;Bart, 1988;Burton & Obel, 2004;C. Freeman, 1997).…”

Section: Theoretical Background On Project Complexity and Basic Propomentioning

confidence: 99%