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| Author: | Webster, E. |
| Title: | Firms' decisions to innovate and innovation routines |
| Journal: | Economics of innovation and new technology
2004 : DEC, VOL. 13:8, p. 733-745 |
| Index terms: | Innovation Decision making Companies Australia |
| Language: | eng |
| Abstract: | This article investigates the forces leading some firms to engage in more innovative activities than others using a survey of 360 large Australian firms. Many earlier studies followed the Schumpeterian tradition, focusing on size and market structure as possible causes of innovativeness. However, with the event of new qualitative measures of industry knowledge and managerial styles, these factors have been found less important. The present study results show that external factors and generic routines common to all industries, such as the extent of learning, knowledge spillovers etc. are more important than industry specific forces. Locally-owned companies were also found to be more innovative. |
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