, Volume 111, Issue 3, pp 1987–1999 | Cite as

Effects of innovation management system standardization on firms: evidence from text mining annual reports

  • Gaizka Garechana
  • Rosa Río-Belver
  • Iñaki Bildosola
  • Marisela Rodríguez Salvador


Using a management formula to standardize innovation management can be thought of as deeply contradictory, however, several successful firms in Spain have been certified under the pioneer innovation management standard UNE 166002. This paper analyzes the effects that standardization has in the attitudes and values as regard to innovation for a sample of firms by text-mining their corporate disclosures. Changes in the relevance of the concepts, co-word networks and emotion analysis have been employed to conclude that the effects of certification on the corporate behavior about innovation are coincident with the open innovation and transversalization concepts that UNE 166002 promotes.


UNE 166002 Innovation management Text mining Sentiment analysis Management standards 

Supplementary material

11192_2017_2345_MOESM1_ESM.docx (32 kb)
Supplementary material 1 (DOCX 31 kb)


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Copyright information

© Akadémiai Kiadó, Budapest, Hungary 2017

Authors and Affiliations

  • Gaizka Garechana
    • 1
  • Rosa Río-Belver
    • 2
  • Iñaki Bildosola
    • 3
  • Marisela Rodríguez Salvador
    • 4
  1. 1.Technology Foresight Management (TFM) Group, Department of Industrial EngineeringUniversity of the Basque Country UPV/EHUBilbaoSpain
  2. 2.Technology Foresight Management (TFM) Group, Department of Industrial EngineeringUniversity of the Basque Country UPV/EHUVitoriaSpain
  3. 3.Technology Foresight Management (TFM) Group, Automatic Control and System Engineering DepartmentUniversity of the Basque Country UPV/EHUBilbaoSpain
  4. 4.Escuela de Ingeniería y CienciasTecnológico de MonterreyMonterreyMexico

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