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The innovation decision : an economic analysis
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Du, Jun, Love, James H. and Roper, Stephen (2007) The innovation decision : an economic analysis. Technovation, Volume 27 (Number 12). pp. 766-773. doi:10.1016/j.technovation.2007.05.008
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Official URL: http://dx.doi.org/10.1016/j.technovation.2007.05.0...
Abstract
Studies of the determinants and effects of innovation commonly make an assumption about the way in which firms make the decision to innovate, but rarely test this assumption. Using a panel of Irish manufacturing firms we test the performance of two alternative models of the innovation decision, and find that a two-stage model (the firm decides whether to innovate, then whether to perform product only, process only or both) outperforms a one-stage, simultaneous model. We also find that external knowledge sourcing affects the innovation decision and the type of innovation undertaken in a way not previously recognised in the literature.
| Item Type: | Journal Article | ||||
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| Divisions: | Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School |
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| Journal or Publication Title: | Technovation | ||||
| Publisher: | Elsevier Ltd. | ||||
| ISSN: | 0166-4972 | ||||
| Official Date: | December 2007 | ||||
| Dates: |
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| Volume: | Volume 27 | ||||
| Number: | Number 12 | ||||
| Page Range: | pp. 766-773 | ||||
| DOI: | 10.1016/j.technovation.2007.05.008 | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access |
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