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On firms’ product space evolution: the role of firm and local product relatedness

Year: 2015

Type: article

Abstract: We explore the role of firm-and local product-specific capabilities in fostering the introduction of new products in the Turkish manufacturing.Firms' product space evolution is characterised by strong cognitive path dependence that, however, is relaxed by firm heterogeneity in terms of size, efficiency and international exposure.The introduction of new products in laggard Eastern regions, which is importantly linked to the evolution of their industrial output, is mainly affected by firm's internal productspecific resources.On the contrary, product innovations in Western advanced regions hinge relatively more on the availability of local technological-related competencies.

Source: Journal of Economic Geography

DOI: 10.1093/jeg/lbv024

Authors: Alessia Lo Turco, Daniela Maggioni

Institutions: University of Bergamo, Marche Polytechnic University, University of Catania

Language: English

Topic: Economic and Technological Innovation

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: bronze

OpenAlex ID: W2300232011