How and why dynamic selection regimes affect the firm's innovative search activities

Maureen McKelvey
School of Technology Management & Economics, Chalmers University of Technology, Gothenburg, Sweden

PP: 3

Abstract

The purposes of this article are: 1) To state how and why dynamic selection regimes affect the firm's innovative search activities within a theoretical model; 2) To specify concepts and factors which can be used in further research work, both theoretically and primarily empirically.

The article focuses on innovation processes as intrinsically economic phenomena - eg in an evolutionary economics and/or Schumpeterian economics perception of such dynamics being created internally to the economy. It develops a theoretical conceptualization of how and why dynamic selection regimes affect the firm's innovative search activities.

The overall theoretical perspective developed is condensed into nine propositions linking a set of concepts and relationship between actors, which together help explain the phenomena of interest. These nine propositions will help to structure empirical and qualitative investigations into specific issues about innovations as economic phenomena.

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Keywords

dynamic selection, intrinsic economic phenomena, innovation activity, innovation theory, research design


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