Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition

Weak institutions leading to a dysfunctional competitive environment affect firms’ innovation. Drawing on the innovation modes approach and institutional theory, we suggest that STI (science and technology-based innovation) and DUI mode (learning by doing, using, and interacting) are moderated by pe...

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Main Authors: Orjuela Ramirez, Guillermo, Zuluaga, Julio Cesar, Urbano, David
Format: Journal Article
Language:Inglés
Published: Informa UK Limited 2024
Subjects:
Online Access:https://hdl.handle.net/10568/129901
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author Orjuela Ramirez, Guillermo
Zuluaga, Julio Cesar
Urbano, David
author_browse Orjuela Ramirez, Guillermo
Urbano, David
Zuluaga, Julio Cesar
author_facet Orjuela Ramirez, Guillermo
Zuluaga, Julio Cesar
Urbano, David
author_sort Orjuela Ramirez, Guillermo
collection Repository of Agricultural Research Outputs (CGSpace)
description Weak institutions leading to a dysfunctional competitive environment affect firms’ innovation. Drawing on the innovation modes approach and institutional theory, we suggest that STI (science and technology-based innovation) and DUI mode (learning by doing, using, and interacting) are moderated by perceived dysfunctional competition. Based on the Colombian innovation survey (EDIT) and using logistic regression modelling, we find that perceived dysfunctional competition prevailing in emerging markets weakens the positive effect of firms’ STI and DUI modes on innovation novelty. We explain this finding based on managers’ perceptions of value appropriability. While intellectual property rights affect the innovation of STI firms, DUI firms’ innovation is affected by information exposure. The results contribute to the innovation modes literature by showing that appropriability influences managers’ perception in STI and DUI firms, weakening firms’ innovations. In practice, firms need mechanisms to protect innovation against competitors’ opportunistic or unlawful behaviour, and governments could foster means of appropriability associated with STI and DUI modes.
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spelling CGSpace1299012025-12-02T10:59:51Z Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition Orjuela Ramirez, Guillermo Zuluaga, Julio Cesar Urbano, David innovation models competitive behaviour institutions markets Weak institutions leading to a dysfunctional competitive environment affect firms’ innovation. Drawing on the innovation modes approach and institutional theory, we suggest that STI (science and technology-based innovation) and DUI mode (learning by doing, using, and interacting) are moderated by perceived dysfunctional competition. Based on the Colombian innovation survey (EDIT) and using logistic regression modelling, we find that perceived dysfunctional competition prevailing in emerging markets weakens the positive effect of firms’ STI and DUI modes on innovation novelty. We explain this finding based on managers’ perceptions of value appropriability. While intellectual property rights affect the innovation of STI firms, DUI firms’ innovation is affected by information exposure. The results contribute to the innovation modes literature by showing that appropriability influences managers’ perception in STI and DUI firms, weakening firms’ innovations. In practice, firms need mechanisms to protect innovation against competitors’ opportunistic or unlawful behaviour, and governments could foster means of appropriability associated with STI and DUI modes. 2024-09 2023-04-05T13:35:46Z 2023-04-05T13:35:46Z Journal Article https://hdl.handle.net/10568/129901 en Limited Access Informa UK Limited Orjuela Ramirez, G.; Zuluaga, J.C.; Urbano, D. (2023) Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition. Innovation and Development, Online first paper (30 March 2023). ISSN: 2157-9318
spellingShingle innovation
models
competitive behaviour
institutions
markets
Orjuela Ramirez, Guillermo
Zuluaga, Julio Cesar
Urbano, David
Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition
title Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition
title_full Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition
title_fullStr Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition
title_full_unstemmed Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition
title_short Firms' innovation modes and novelty of innovation: the moderating role of dysfunctional Competition
title_sort firms innovation modes and novelty of innovation the moderating role of dysfunctional competition
topic innovation
models
competitive behaviour
institutions
markets
url https://hdl.handle.net/10568/129901
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