Innovation speed and radicalness: are they inversely related?

Purpose – The objective in this study is to examine the relationship between innovation speed, and radical product and process innovations.Design/methodology/approach – A survey of firms in the high‐tech (semiconductor, audio video equipment and computer hardware) industries was conducted. Hypotheses were tested using a hierarchical multiple regression analysis.Findings – The results revealed a significant positive relationship between innovation speed and both radical product and radical process innovations. Radical product and process innovations were highly correlated in the sample.Research limitations/implications – Response rate was relatively low to the survey, however, control variables were included to ensure accuracy of results. This study empirically tested inter‐innovation relationships within the high‐tech industry.Practical implications – Findings suggest that firms should not avoid radical innovations with the fear of being late to market. In addition, based on these results, product and pro...

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