Wearing failure as a path to innovation

• Type: Article in International Scientific Journal
• Date: 2020

Authors

Ferreira, JJM (Author) Other; Fernandes, CI (Author) Other; Ferreira, FAF (Author) Other

Journal

Title: Journal of Business Research

Vol. 120

Pages: 195-202

ISSN: 0148-2963

Publisher: Elsevier

Indexing

ISI Web of Knowledge - 33 Citations

Scopus - 39 Citations

Other information

Authenticus ID: P-00S-JZK

DOI: 10.1016/j.jbusres.2020.08.006

Abstract (EN): Innovation is a widely acknowledged key component of corporate performance management. However, most of the literature on this topic has tended to focus on determinants of corporate failure, thereby neglecting to look at the role of innovation failure in triggering innovative initiatives. By using a sample of companies covered by 2014 Community Innovation Survey data and applying econometric models, this study sought to analyze the impacts of innovative project failure. The results show that innovation failure is negatively correlated with companies' experience and acquisition of external knowledge. The main findings are consistent with the scarce literature on this research topic, and highlight the positive role that companies' accumulated experience has in their assimilation of knowledge flows.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 8