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Innovation Modes and Firm's Performance: Evidence from Portugal

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  • Sérgio Nunes
  • Raul Lopes
  • José Dias

Abstract

It has been shown that firms tend to develop different modes of innovation triggered by the relationship between different types of knowledge and learning processes underpinning it. This paper aims at identifying different modes of business innovation; second, relating them to firms' innovative and economic performance; and, analyzing the relationship between the different innovation modes and the economic impact of the crisis on the firms' performance. These hypotheses are tested by regression and latent class models for the Portuguese population of firms using a sample of 397 firms, stratified by level of technological intensity, firm's size and region. Results show three firms' heterogeneous modes of innovation in terms of its relationship to the economic and innovative performance and with significant differences in terms of resilience to the economic crisis. These findings lead to a reflection on innovation, competitiveness and regional policy.

Suggested Citation

  • Sérgio Nunes & Raul Lopes & José Dias, 2013. "Innovation Modes and Firm's Performance: Evidence from Portugal," ERSA conference papers ersa13p252, European Regional Science Association.
  • Handle: RePEc:wiw:wiwrsa:ersa13p252
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    File URL: https://www-sre.wu.ac.at/ersa/ersaconfs/ersa13/ERSA2013_paper_00252.pdf
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    References listed on IDEAS

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    1. Jensen, Morten Berg & Johnson, Bjorn & Lorenz, Edward & Lundvall, Bengt Ake, 2007. "Forms of knowledge and modes of innovation," Research Policy, Elsevier, vol. 36(5), pages 680-693, June.
    2. Edward Lorenz & B.-A. Lundvall, 2006. "How Europe's Economies Learn," Post-Print halshs-00483659, HAL.
    3. Leonid Gokhberg & Tatiana Kuznetsova & Vitaly Roud, 2012. "Exploring innovation modes of Russian companies: what does the diversity of actors mean for policymaking?," HSE Working papers WP BRP 01/STI/2012, National Research University Higher School of Economics.
    4. Tödtling, Franz & Lehner, Patrick & Kaufmann, Alexander, 2008. "Do different types of innovation rely on specific kinds of knowledge interactions?," SRE-Discussion Papers 2008/01, WU Vienna University of Economics and Business.
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    Cited by:

    1. Parrilli, Mario Davide & Alcalde Heras, Henar, 2016. "STI and DUI innovation modes: Scientific-technological and context-specific nuances," Research Policy, Elsevier, vol. 45(4), pages 747-756.
    2. Apanasovich, Natalja & Alcalde Heras, Henar & Parrilli, Mario Davide, 2016. "The impact of business innovation modes on SME innovation performance in post-Soviet transition economies: The case of Belarus," Technovation, Elsevier, vol. 57, pages 30-40.

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