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Unlocking the Code to Continuous Innovation: A Study of Key Determinants for Serial Innovators

Author

Listed:
  • Cátia Rosário

    (Governance, Competitiveness and Public Policies (GOVCOPP), Aveiro University, 3810-193 Aveiro, Portugal)

  • Celeste Varum

    (Governance, Competitiveness and Public Policies (GOVCOPP), Aveiro University, 3810-193 Aveiro, Portugal)

  • Anabela Botelho

    (Governance, Competitiveness and Public Policies (GOVCOPP), Aveiro University, 3810-193 Aveiro, Portugal)

Abstract

This study investigates the fundamental role of collaboration in promoting a culture of continuous innovation in companies, driving them to become serial innovators, as evidenced by their industrial property registrations. Furthermore, it explores, in an innovative way, how various factors, such as the level of technological advancement in the sector, government support for innovation, investments in research and development, the degree of international involvement, and the level of education of employees, influence the probability of a company achieving the status of serial innovator. Based on data extracted from CIS reports spanning from 2012 to 2018, this research employs Logit models to explore the relationship between these variables. The findings clarify the positive impact of collaboration on a company’s ability to sustain innovation over time, thereby establishing itself as a serial innovator. The promotion of collaborative networks and partnerships with external entities, such as partner companies, research institutions, and government organizations, emerges as a powerful strategy for promoting innovation in organizational contexts. Furthermore, the study reveals the critical roles played by public support for innovation, the educational level of the workforce, and investments in R&D in increasing companies’ innovation capabilities. These factors contribute to increasing a company’s propensity for innovation and increasing its likelihood to become a serial innovator. A qualified and educated workforce is known to have the skills and knowledge required to actively engage in innovative activities, thus positioning companies as serial innovators.

Suggested Citation

  • Cátia Rosário & Celeste Varum & Anabela Botelho, 2024. "Unlocking the Code to Continuous Innovation: A Study of Key Determinants for Serial Innovators," Administrative Sciences, MDPI, vol. 14(3), pages 1-16, February.
    • Handle: RePEc:gam:jadmsc:v:14:y:2024:i:3:p:45-:d:1348401
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    References listed on IDEAS

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    1. Haus-Reve, Silje & Fitjar, Rune Dahl & Rodríguez-Pose, Andrés, 2019. "Does combining different types of collaboration always benefit firms? Collaboration, complementarity and product innovation in Norway," Research Policy, Elsevier, vol. 48(6), pages 1476-1486.
    2. Daron Acemoglu & Pascual Restrepo, 2019. "Automation and New Tasks: How Technology Displaces and Reinstates Labor," Journal of Economic Perspectives, American Economic Association, vol. 33(2), pages 3-30, Spring.
    3. Rodríguez-Pose, Andrés & Haus-Reve, Silje & Fitjar, Rune, 2019. "Does combining different types of collaboration always benefit firms? Collaboration, complementarity and product innovation in," CEPR Discussion Papers 13622, C.E.P.R. Discussion Papers.
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