Innovation diagnosis in technology companies of a regional innovation system
Goal: This article aims to diagnose the profile, strategies, and innovation practices adopted by the information technology companies of a Regional Innovation Systems (RIS).
Design/ Methodology/ Approach: This study was carried out with 19 small and medium companies from a RIS in the state of Paraná, where we collect data relating to the infrastructure and investments in R&D, types of innovation projects, impact on revenue, activities of innovation, innovation protection methods, and information sources used by companies.
Results: The results showed that: companies with higher investments in R&D, which generate innovative products and patents, have a higher financial return; the generation of patents is incipient among the companies surveyed; product process and organizational innovation are the main innovation activities carried out; there is some difficulty in establishing external partnerships for the development of innovation, especially with universities; customers, users, and the internet are the primary sources of information used by companies.
Limitation of the investigation: With respect to research limitations, we point out that our research sample is limited to 19 companies. Thus, for the results to be generalized, a larger sample is recommended.
Practical implications: The article showed that the launch of innovative products on the market has positive effects on the financial performance of companies due to increased sales.
Originality/ Value: This paper offers a contribution to contextual studies of innovation in RIS. In addition, it presents an innovation profile of the technology companies of an RIS. These results can be used to compare and evaluate the innovation evolution in technology companies with other sectors and other RIS, or provide an indicator for the development of innovation policies for a region.
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors must have a written permission from any third-party materials used in the article, such as figures and graphics. The permission must explicitly allow authors to use the materials. The permission should be submitted with the article, as a supplementary file.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) after BJO&PM publishes it (See The Effect of Open Access).