An integrated innovation model: how innovations are born and what are their impacts on firm performance?

Abstract

The main objective of this paper is to present a comprehensive and integrated model of innovation at the firm level and to discuss the effects of firm characteristics on the innovativeness capabilities of companies. The results are based on an empirical survey covering 184 manufacturing firms in the Northern Marmara region within Turkey. In this study, first an integrated model of innovativeness is proposed. Later, the innovation determinants, especially firm characteristics, which have a significant role on innovation development success, are analyzed together with how innovativeness of firms influences their competitiveness and performance.