This article investigates the underlying factors that might shape the firm's choices with respect to degrees of innovation novelty. Using a sample of 2983 firms observed under the Portuguese Community Innovation Survey, we assess the relative relevance of a set of firm- and industry-specific factors in explaining firms' choices about incremental or radical innovation. The results indicate that both the firm's idiosyncratic historical factors giving rise to heterogeneous R&D capabilities and the industry context have power to shape the firm's innovation choices, even though firm-specific factors appear to be more powerful. The estimated impacts on firm's innovation novelty are, nonetheless, significantly moderated by the type of firm and industry. © The Author 2013. Published by Oxford University Press on behalf of Associazione ICC.
CITATION STYLE
Barbosa, N., Faria, A. P., & Eiriz, V. (2014). Industry-and firm-specific factors of innovation novelty. Industrial and Corporate Change, 23(3), 865–902. https://doi.org/10.1093/icc/dtt029
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