We study how technological leadership affects persistence in product innovation. Relying upon a database of 1818 products marketed between 1990 and 1999 by 265 firms active in three markets of the Local Area Network (LAN) industry we first construct a measure of technological leadership and then relate this measure to persistence in innovation. We find that controlling for size, R&D intensity, intangible assets, and market structure, technological leaders are more persistent innovators than laggards. We also find that leaders in one market can also systematically innovate in a related and adjacent market.

Technological leadership and persistence in product innovation in the Local Area Network industry 1990–1999

VEZZULLI, ANDREA
2016-01-01

Abstract

We study how technological leadership affects persistence in product innovation. Relying upon a database of 1818 products marketed between 1990 and 1999 by 265 firms active in three markets of the Local Area Network (LAN) industry we first construct a measure of technological leadership and then relate this measure to persistence in innovation. We find that controlling for size, R&D intensity, intangible assets, and market structure, technological leaders are more persistent innovators than laggards. We also find that leaders in one market can also systematically innovate in a related and adjacent market.
2016
Persistence; Product innovation; Technological leadership; Engineering (all); Strategy and Management1409 Tourism, Leisure and Hospitality Management; Management Science and Operations Research; Management of Technology and Innovation
Fontana, Roberto; Vezzulli, Andrea
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11383/2059626
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