A1 Journal article – refereed
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
Number of pages: 17
eISSN: 1465-3990

Abstract


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.



Last updated on 2019-20-07 at 16:23