Purpose: Over time, technological intensity has been used as a proxy for innovation capability of firms in an industrial sector. However, not only firms belonging to the stratum of high technological intensity are able to innovate. Therefore, this study aims to explore a potential association...

The need for continuous sustainable innovation reflects a way in which firms overcome inertia and respond to changes in the external environment. In manufacturing firms, the primary source of innovation comes from product-related innovation (product innovation) and technology-related innovation...

Responding to research questioning the significance of external factors such as industry and country in explaining the patterns of innovation-related activities, we examine the effects of factors both internal and external to the firm. Analyzing CIS data, we find that external factors are more...

This study examines the relationship between the two sides of innovation of research and development (R&D) and competition. By analyzing the Korean firm-level data from 2000 to 2015, we find that competition is an important factor for innovation spillovers. In addition, decreasing competition...