Download full text
(667.9Kb)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-92830-2
Exports for your reference manager
Intensity of competition and firm innovative behavior
[journal article]
Abstract
Using a novel self-reported measure competitive intensity and four distinct forms of innovation (product, process, marketing and organisational) from the European Commission Flash Eurobarometer 433 dataset, this paper comprehensively identifies the impact of competitive pressure on firm innovation f... view more
Using a novel self-reported measure competitive intensity and four distinct forms of innovation (product, process, marketing and organisational) from the European Commission Flash Eurobarometer 433 dataset, this paper comprehensively identifies the impact of competitive pressure on firm innovation for four broad sectors of the economy. A logit model by innovation type is used to estimate the impact of the intensity of competition on the firm’s decision to innovate. Firm reported intensity of competition is found to have a positive impact on product and market innovation. Significant heterogeneities exist in the impact of minor and major degrees of competition across innovation types and sectors supporting both Arrow's (1962), and to a lesser degree Schumpeter's (1943), perspectives on this relationship.... view less
Keywords
Eurobarometer; enterprise; competition; innovation; Europe
Classification
National Economy
Management Science
Free Keywords
Flash Eurobarometer 433 (Innobarometer 2016 - EU Business Innovation Trends) (ZA6771 v1.0.0)
Document language
English
Publication Year
2022
Page/Pages
p. 53-69
Journal
Economics and Business Letters, 11 (2022) 2
DOI
https://doi.org/10.17811/ebl.11.2.2022.53-69
ISSN
2254-4380
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 3.0