Refereed journal article or data article (A1)
Persistence of product innovation: – comparing breakthrough and incremental product innovation
Subtitle: comparing breakthrough and incremental product innovation
List of Authors: Mikko Pohjola, Tommy Clausen
Publisher: Routledge
Publication year: 2013
Journal: Technology Analysis and Strategic Management
Journal acronym: TASM
Volume number: 25
Issue number: 4
Start page: 369
End page: 385
Number of pages: 17
eISSN: 1465-3990
URL: DOI:10.1080/09537325.2013.774344
In this paper we examine whether and to what extent breakthrough and incremental product innovation is persistent at the firm level. Drawing on a panel database created from the Community Innovation Survey (CIS) we find that lagged breakthrough product innovation ‘new to the market’, has a significant and positive influence on firms’ ability to develop current breakthrough innovation, while this is not the case for incremental-product innovation ‘only new to the firm’. Our findings show that the dynamics of innovation persistence differ across types of (product) innovations.