Sources of inspiration matter to business innovation outcomes

A summary of “Sources of innovation and innovation type: firm-level evidence from the United States,” by Mehmet Afik Demircioglu, David B. Audretsch, and Timothy F. Slaper. Published in Industrial and Corporate Change, 2019, 1-15, This brief was published on June 29, 2020.

Key Takeaways

  • Businesses tap different sources of knowledge and creativity to drive their innovation activities. Different innovation outcomes are associated with different sources of knowledge.
  • Customers, workers, and universities are sources of knowledge positively associated with all types of innovation activity.
  • Universities had the statistically strongest effect, suggesting that they are critical to innovation.

Authors: Kristen Devlin and Stephan J. Goetz

Publication: NERCRD Innovation Issues Brief Series   Date Published: June 29, 2020


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