Innovation and firm performance
Fecha
2018Autor
Director
Versión
Acceso abierto / Sarbide irekia
Tipo
Trabajo Fin de Grado/Gradu Amaierako Lana
Impacto
|
nodoi-noplumx
|
Resumen
Innovation is considered the main contributor to economic development in advanced
economies, as well as being a key factor in the social and cultural evolution. Besides,
increasing levels of competition and decreasing product life cycles involve that innovations
may be more important than ever in allowing firms to improve profitability and maintain
competitive advantage. However, because of t ...
[++]
Innovation is considered the main contributor to economic development in advanced
economies, as well as being a key factor in the social and cultural evolution. Besides,
increasing levels of competition and decreasing product life cycles involve that innovations
may be more important than ever in allowing firms to improve profitability and maintain
competitive advantage. However, because of the difficulties in measuring both innovation
and firm performance, previous literature highlights mixed trends. This work empirically
analyses the effect of innovation efforts on firm performance, using panel data models from
498 Nordic firms over the period 2008-2016. Because firm performance is a
multidimensional construct, the relationship is analysed by using the ROA, ROE, labour
productivity, capital productivity, debt to equity ratio and working capital over total assets as
dependent variables. Results suggest that profitability is the most influenced by innovation,
while other measures present differences between firm sectors and size. [--]
Materias
Research & development,
Innovation,
Firm performance,
Panel data model,
Dummy variable
Titulación
Enpresen Administrazio eta Zuzendaritzan Nazioarteko Graduatua / Ekonomian Nazioarteko Graduatua Nafarroako Unibertsitate Publikoan /
Graduado o Graduada Internacional en Administración y Dirección de Empresas / Graduado o Graduada Internacional en Economía por la Universidad Pública de Navarra