The Impact of Innovation Activities on Firm Performances

被引:0
作者
Caputo, Mauro [1 ]
Cammarano, Antonello [1 ]
Lamberti, Emilia [1 ]
Michelino, Francesca [1 ]
机构
[1] Univ Salerno, Dept Ind Engn, Fisciano, SA, Italy
来源
INNOVATION MANAGEMENT AND EDUCATION EXCELLENCE VISION 2020: FROM REGIONAL DEVELOPMENT SUSTAINABILITY TO GLOBAL ECONOMIC GROWTH, VOLS I - VI | 2016年
关键词
Innovation; R&D investments; patent counts; performances; RESEARCH-AND-DEVELOPMENT; INDUSTRY; PATENTS; MODELS;
D O I
暂无
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
The ability to innovate is generally assumed as a critical success factor for growth and future performance of companies. Drawing on data from both the EU Industrial R&D Investment Scoreboard and PATSTAT, the purpose of this study is to provide evidence of the impact of the investment in R&D on companies' innovation and financial performances. A three-stage model is tested with R&D effort influencing innovation performances, which, in turn, affect financial performances. Regression analysis confirmed the proposed model. The work offers clear implications for managers who should put additional emphasis on innovation, as it is an important element for achieving improved overall firm performance and sustainable competitive power.
引用
收藏
页码:2319 / 2327
页数:9
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