Purpose – The purpose of this paper is to understand whether the innovative effort of organizations increases or decreases over time, especially when the competitive environment is changing, as has been the case in the current economic downturn. For this reason, the objective of this article...

The development of markets for technology has eased the acquisition of technology and reshaped the innovation strategies of firms that we classify as producers of innovations or as imitators. Innovative activities of firms include research, acquisition of technology and downstream activities....