TY - JOUR
T1 - How external and internal sources of knowledge impact novel and imitative innovation in emerging markets
T2 - Evidence from Colombia
AU - Corredor, Sandra
AU - Forero, Clemente
AU - Somaya, Deepak
PY - 2015/1/1
Y1 - 2015/1/1
N2 - This paper examines the extent to which different sources of ideas for innovation are associated with novelty of innovation outcomes. We measure the novelty of product innovation using three well-established categories, ranging from highly novel new-to-world products to new-to-firm products that are essentially imitative, with products that are new-tocountry (but not the world) being an intermediary category. In turn we investigate how knowledge derived from different external and internal (within-firm) sources of ideas can help firms increase innovation with different degrees of novelty. Our empirical analyses are conducted on a large sample of manufacturing firms from the South American emerging market of Colombia and show that many of the same sources of knowledge - such as scientific sources, production departments and managers - are associated with higher innovation in all three categories of novelty. However, some sources - notably external clients and internal interdisciplinary groups - are more significantly associated with more novel innovation than imitation. The implications of these findings for the literatures on innovation and imitation, and innovation by emerging market firms are discussed.
AB - This paper examines the extent to which different sources of ideas for innovation are associated with novelty of innovation outcomes. We measure the novelty of product innovation using three well-established categories, ranging from highly novel new-to-world products to new-to-firm products that are essentially imitative, with products that are new-tocountry (but not the world) being an intermediary category. In turn we investigate how knowledge derived from different external and internal (within-firm) sources of ideas can help firms increase innovation with different degrees of novelty. Our empirical analyses are conducted on a large sample of manufacturing firms from the South American emerging market of Colombia and show that many of the same sources of knowledge - such as scientific sources, production departments and managers - are associated with higher innovation in all three categories of novelty. However, some sources - notably external clients and internal interdisciplinary groups - are more significantly associated with more novel innovation than imitation. The implications of these findings for the literatures on innovation and imitation, and innovation by emerging market firms are discussed.
KW - Emerging markets
KW - External
KW - Innovating firms
KW - Internal
KW - Novel innovation
KW - Sources of knowledge
UR - http://www.scopus.com/inward/record.url?scp=84937701080&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84937701080&partnerID=8YFLogxK
U2 - 10.1108/S1571-502720150000028010
DO - 10.1108/S1571-502720150000028010
M3 - Article
AN - SCOPUS:84937701080
VL - 28
SP - 161
EP - 199
JO - Advances in International Management
JF - Advances in International Management
SN - 1571-5027
ER -