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Innovation activities and R&D investments as determinants of ongoing or abandoned activities

Filipe A.P. Duarte (NECE-UBI Research Center for Business Sciences, University of Beira Interior, Covilhã, Portugal)
Maria José Madeira (NECE-UBI Research Center for Business Sciences, University of Beira Interior, Covilhã, Portugal)
Susana Maria Fonseca (School of Technology and Management of Lamego and CI&DEI – Polytechnic Institute of Viseu, Viseu, Portugal)
Dulcineia Catarina Moura (NECE-UBI Research Center for Business Sciences, University of Beira Interior, Covilhã, Portugal)
Ana Teresa Bernardo Guia (School of Technology and Management of Lamego and CERNAS – Polytechnic Institute of Viseu, Viseu, Portugal)

International Journal of Innovation Science

ISSN: 1757-2223

Article publication date: 14 July 2022

Issue publication date: 24 May 2023

119

Abstract

Purpose

The purpose of this paper is to explore the effects of R&D investment as a determinant of ongoing or abandoned innovation activities. The literature review focuses especially small and medium-sized enterprises (SMEs) that deploy R&D investment as a way of developing innovation processes.

Design/methodology/approach

This study’s design used a sample of 4,229 Portuguese SMEs to analyse the effects R&D investment has on the innovation activities; the results obtained demonstrate the great importance of firms investing in R&D internal activities for the development of their innovation process.

Findings

The most important findings highlight the types of activities that emerge as relevant to innovation processes susceptible for development to avoid abandoning and maintaining ongoing innovation activities. Among them, the authors would highlight the design of products or services, the introduction of innovations to the market and the acquisition of machinery, equipment and specific software, among others.

Originality/value

In addition, other types of activities emerge as relevant to innovation processes susceptible for development to avoid abandoning and maintaining ongoing innovation activities. This research adds value to the current literature mainly showing several determinants related to R&D, which could be used by SMEs to improve and develop their activities of innovation.

Keywords

Acknowledgements

This paper is financed by National Funds provided by FCT – Foundation for Science and Technology through project UIDB/04630/2020, Universidade da Beira Interior and NECE-UBI Research Center for Business Sciences.

Citation

Duarte, F.A.P., Madeira, M.J., Fonseca, S.M., Moura, D.C. and Guia, A.T.B. (2023), "Innovation activities and R&D investments as determinants of ongoing or abandoned activities", International Journal of Innovation Science, Vol. 15 No. 3, pp. 507-529. https://doi.org/10.1108/IJIS-07-2021-0136

Publisher

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Emerald Publishing Limited

Copyright © 2022, Emerald Publishing Limited

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