This paper reviews the literature on ﬁrm innovation performance from 1995 until 2016. The empirical literature on this topic has been growing continuously over the last few decades. Previous research has investigated the explanatory variables and their impact on ﬁrm innovativeness separately.The present systematic review brings together all explanatory variables explored in the literature, classiﬁed according to their direction of causality and impact on innovation. These are represented in a comprehensive framework that includes three major research streams: internal, external and con-textual indicators, and examines how they inﬂuence the innovative capabilities of ﬁrms. In addition to this re-examination, the study shows that the majority of these variables are inter-linked with other variables in explaining the relationship with innovation, which is represented in a comprehensive theoretical model. The aim of this review is to draw a general picture of the standing of the research on innovation performance, speciﬁcally in areas where unanimous results have already been achieved, and to highlight the opportunities for future research.
|Number of pages||26|
|Journal||Economic Papers: A journal of applied economics and policy|
|Publication status||Published - 2017|
- innovation dimension
- innovation determinants
- systematic review