2009
DOI: 10.1057/emr.2009.4
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Product and process innovation: Persistence and complementarities

Abstract: Using a Spanish database, we have explored the role of persistence in the decision of firms to implement product and process innovations and to develop those innovations. We assume that a company that is continuously engaged in some type of innovation activity will be encouraged to innovate, either for investment reasons or to enhance its market image. Because of the effects of persistence (state dependence) could be contaminated by unobserved heterogeneity, we use panel data, and make an effort to separate th… Show more

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Cited by 130 publications
(93 citation statements)
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References 34 publications
(24 reference statements)
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“…Although empirical evidence is scarce, the innovation literature further proposes that the implementation of one type of innovation adds to the value of another type of innovation (Walker et al 2015). Existing literature indicates synergies resulting from the simultaneous pursuit of TI and MI approaches (Battisti and Stoneman 2010;Martínez-Ros and Labeaga 2009), illustrating that these two approaches serve as complements rather than substitutes for each other (Camisón and Villar-López 2014). This area of literature bases its arguments on the concept of dynamic combinative capabilities in the strategic management literature (Walker et al 2015).…”
Section: Hypotheses Developmentmentioning
confidence: 99%
“…Although empirical evidence is scarce, the innovation literature further proposes that the implementation of one type of innovation adds to the value of another type of innovation (Walker et al 2015). Existing literature indicates synergies resulting from the simultaneous pursuit of TI and MI approaches (Battisti and Stoneman 2010;Martínez-Ros and Labeaga 2009), illustrating that these two approaches serve as complements rather than substitutes for each other (Camisón and Villar-López 2014). This area of literature bases its arguments on the concept of dynamic combinative capabilities in the strategic management literature (Walker et al 2015).…”
Section: Hypotheses Developmentmentioning
confidence: 99%
“…However, product innovation efforts entail different strategies and have different inputs as well as outcomes (Pavitt, 1984;Martinez-Ros & Labeaga, 2009). For example, according to the study of Pavitt (1984) that indentifies between sources of knowledge inputs (i.e.…”
mentioning
confidence: 99%
“…To date, both theoretical and empirical research in the innovation literature has been almost exclusively focused on technological product and process innovations, although Schumpeter (1947) had earlier identified other non-technological forms of innovation (such as, organizational innovation and opening up of new markets) (Kaivo-oja, 2009, p. 206;Pippel, 2014). Moreover, Schumpeter suggested a positive correlation between product and process innovations, which has been confirmed in recent empirical studies (see for example: Miravete and Pernías, 2006;Martinez-Ros and Labeaga, 2009;Doran, 2012). In contrast, few studies explore whether, and how, technological and non-technological innovations are interrelated by common observed and unobserved determinants.…”
Section: Methodsmentioning
confidence: 87%