Sales Of Innovative Products Research Articles

Is There Any Impact of University-Industry Knowledge Transfer on the Performance of Private Enterprises? An Empirical Analysis Based on Swiss Firm Data

This study investigates the impacts of a palette of Knowledge and Technology Transfer (KTT) activities (general information, educational and research activities, activities related with technical infrastructure, and consulting) (a) on several innovation indicators (a1) in the framework of an innovation equation with variables of endogenized KTT activities (overall activities, specific forms of activities) as additional determinants of innovation, and (a2) based on a matched-pairs analysis for several forms of KTT activities; (b) on labour productivity in the framework of a production function with endogenized KTT activities as an additional production factor. The data used in the study were collected by means of a survey of Swiss enterprises that took place at the beginning of 2005. We found that KTT activities improve the innovation performance of firms both in terms of R&D intensity and sales of innovative products. The positive effect of overall KTT activities can be traced back mainly to research and educational activities. This could be shown by several methods: the innovation equation approach with endogenized KTT variable as well as three matching methods. Further, KTT activities seem to exercise a positive influence on labour productivity both through a direct effect as well as through an indirect effect by raising the elasticity of R&D intensity with respect to labour productivity.

How innovative are Canadian firms compared to some European firms? A comparative look at innovation surveys

This paper investigates the comparability of the 1999 Canadian Survey of Innovation with the European Community Innovation Surveys for 1997/1998 (CIS2). Four European countries are compared to Canada: France, Germany, Ireland, and Spain. Differences in terms of design and implementation of the survey and formulation of the questionnaire are pointed out. Proposals are made to harmonize the two datatsets and make them comparable as much as possible. Different innovation indicators — percentage of innovators, sale of innovative products — show different results between countries. Canada leads the pack by far if we consider the percentage of innovating firms in the respective country samples, however it ranks last if we consider the share in sales of innovative products. Canada, Germany and Ireland seem to be relatively similar regarding the percentage of first-innovators (a narrower definition of innovation). France and Spain lag behind in this regard but seem to have a high intensity of first-innovators among the innovators. Results also show some common trends for all countries studied. Firms in high-tech sectors are more frequently innovative and reach a greater share of revenue from innovation than firms in other sectors. Large firms are more often innovative but size is not always a good predictor for the percentage of revenue from innovation.

Firm size, small business presence and sales of innovative products: A micro-econometric analysis

In our generalized TOBIT analysis we identify a number of variables which have an impact on a firm's innovation “output”. Among others we find that larger firms generally have a higher probability of selling some innovative products, although this probability increases less than proportionately with firm size. Given that a firm has some sales of innovative products, the share of such products in a firm's total sales tends to be higher in smaller firms. Moreover, a strong small business presence in a sector seems to enhance imitative innovation but has no influence on “true” innovations, whereas market concentration has no influence on innovation “output” in whatever definition. We also find evidence of regional knowledge spill-overs. Furthermore, our results are consistent with Schmookler's hypothesis that the growth of demand enhances innovation. The outcomes about the impact of R&D collaboration and technology transfer on innovation remain ambiguous.

A Retailer's View of Industrial Innovation: An Interview with David Glass, President and CEO of Wal‐Mart Stores Inc.

Sales of innovative products are heavily influenced by the role of important channels of distribution. Gerald Udell and Linda Pettijohn interviewed David Glass, the President and CEO of the world's largest retail organization. Their conversation spanned a number of topics of interest to managers of innovation programs: the economic impact of innovation in the consumer sector, the rarity of truly innovative products capable of creating new business categories, difficulties in getting new products developed and produced in the US and the long‐term consequences of emphasizing product improvement over product innovation strategies. David Glass challenges us to translate the American spirit of innovation into effective results.