Abstract
The lack of a satisfactory theory or framework to understand firm-level innovation has caused large body of literature examining the effect of different variables on firm-level innovation in an ad hoc fashion. The primary usefulness of this approach is that it has helped identify potential correlates of innovation. After surveying the literature, the correlates of firm-level innovation have been divided into two main groups for this study: factors that motivate or drive innovation and factors that support or enable innovation. The latter has been further subdivided into three groups of factors. One, firm-level characteristics that facilitate innovation; two, factors that lower the cost of innovation; and three, public policies that nurture innovation. Each of these groups is discussed in turn.
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Parvin Hosseini, S., Azizi, A. (2020). The Correlates of Firm-Level Innovation. In: Big Data Approach to Firm Level Innovation in Manufacturing. SpringerBriefs in Applied Sciences and Technology. Springer, Singapore. https://doi.org/10.1007/978-981-15-6300-3_2
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