This paper analyses the persistency in innovation behaviour of firms. Using five waves of the Community Innovation … Transition Probability Matrix, we found evidence of (unconditional) state dependence in all types of innovation, with product …

that the arrival rate of innovation ideas to an individual firm is a function of each firm’s stock of varieties at every … firms remain. We make use of simulations to depict and assess the innovation dynamics of the proposed model. …

This paper analyzes various innovation strategies of firms. Using five waves of the Community Innovation Survey in … between sixteen innovation strategies, which compose of Schumpeterian 4 types of innovations (process, product, marketing, and … organizational) plus various combinations of these four types. First, we find that firms are not homogenous in choosing innovation …