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Advisor(s)
Abstract(s)
This paper aims to identify and analyze the main limiting factors of innovation
performance in terms of product and process innovation. The limiting factors to
innovation make the innovation process of a firm difficult, which influences its innovation
performance. The goal of this essay is to develop a theoretical support based on current
reference approaches, corroborated by empirical support, which allows for the
identification and analysis of the factors that restrict innovation activity and innovation
performance.
The database is extracted from the Community Innovation Survey - CIS 2010, which was
conducted under the responsibility of the Office of Planning, Strategy, Evaluation and
International Relations/Ministry of Science, Technology and Higher Education
(GPEARI/MCTES), in collaboration with the National Statistics Institute (INE), under the
supervision of EUROSTAT. We have developed a logistic regression model that
highlights the barriers to innovation and identifies the factors that limit innovation
performance.The analysis suggests that several barriers to innovation influence the Innovative
performance of Portuguese firms. These results may be attributed to the fact that
perceived barriers stimulate the firm to overcome these difficulties, which promotes the
internal propensity to innovate. The most significant barriers identified in the study are
the following: high innovation costs and perceived uncertainties in both the demand and
market for new goods and services. This study shows that firms that do not have either
qualified personnel to carry out innovation activities or sufficient market information are
less likely to innovate than firms that do not experience these difficulties.
Description
Keywords
Barriers to Innovation Networks Innovative Capacity CIS
Citation
Maria Jose Madeira, Joao Carvalho, Jacinta Raquel Miguel Moreira, Filipe AP Duarte, Flávio de São Pedro Filho, (2017). "Barriers to innovation and the Innovative Performance of Portuguese Firms", Journal of Business, Vol. 9 Issue: 1, pp.2-22, ISSN 2078-9424, https://doi.org/10.21678/jb.2017.822
Publisher
Journal of Business