Article ID Journal Published Year Pages File Type
1019824 Journal of Business Venturing 2006 17 Pages PDF
Abstract

Industries with greater aggregate levels of research and development (R&D) intensity are home to higher rates of firm-level innovation, according to survey data from 845 Canadian manufacturing firms. And, though innovation is more common when industry dynamism is high, innovative firms are likely to enjoy revenue growth, irrespective of the industry in which they operate. The research also shows that firm knowledge, industry dynamism and innovation interact in the way they influence firm performance. A highly skilled workforce is most beneficial to firm performance in dynamic environments, while firms in stable manufacturing industries benefit more from investments in training.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
Authors
,