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The effects of research on innovation

Oldach, Daniel (2016) The effects of research on innovation.

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Abstract:This research paper investigates the effects of research in private companies on innovation. Based on literature a set of hypothesis was formulated. Basic research is expected to positively influence radical innovation, and applied research is assumed to have a positive effect on incremental innovation. As part of the study, 42 companies in the Netherlands were examined. R&D Managers were asked to fill out an online survey. The findings were consequently analyzed via different statistical tests such as reliability and validity tests. A regression analysis was conducted to examine the relationships proposed in the hypotheses. Basic research was found to have a relatively small positive impact on radical innovation, which was however not statistically significant. A significant and slightly positive relationship of applied research on incremental innovation was identified. Limitations in the data, such as non-fulfilled assumptions for regression analysis as well as a small sample size leave room for future research on the topic. In addition, similar research in a different setting has the chance to create interesting, and comparable, findings. Implications for methodologies assuming a relationship between research and innovation, are recognized.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/70209
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