Journal ArticleDOI
Barriers to innovation faced by manufacturing firms in Portugal: how to overcome it for fostering business excellence?
TLDR
In this paper, the authors identify the barriers to innovation that influence the innovation capability of Portuguese manufacturing firms and propose public policies to overcome the restraining factors of the entrepreneurial innovative capability and to promote business excellence at the firm level, especially alternative financing sources, incentives for innovation activities and open innovation networks.Abstract:
This paper aims to identify the barriers to innovation that influence the innovation capability of Portuguese manufacturing firms. The literature review about innovation makes use of two reference approaches: (1)the systemic and (2) the networks and interorganisational relationships. The database is obtained through the Community Innovation Survey II (CIS II) conducted by the Statistical Office of the European Communities (EUROSTAT). Furthermore, from the results, several public policies are proposed in order to overcome the restraining factors of the entrepreneurial innovative capability and to promote business excellence at the firm level, especially alternative financing sources, incentives for innovation activities and open innovation networks.read more
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References
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Journal ArticleDOI
Absorptive capacity: a new perspective on learning and innovation
TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
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Book ChapterDOI
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C. K. Prahalad,Gary Hamel +1 more
TL;DR: The most powerful way to prevail in global competition is still invisible to many companies as discussed by the authors, which is why the concept of the corporation itself has not yet been recognized as a powerful competitive advantage.
Journal ArticleDOI
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Journal Article
Clusters and the new economics of competition.
TL;DR: Economic geography in an era of global competition poses a paradox: in theory, location should no longer be a source of competitive advantage, but in practice, Michael Porter demonstrates, location remains central to competition.