Internal factors determining a firm’s innovative behaviour

Abstract

The present paper investigates the determinant factors in the organisation of a firm’s innovative activities. Set within a theoretical framework combining evolutionary theory and the resource-based view of the firm, the study includes an original proposal to characterise the innovative process and determines the extent to which a firm’s internal resources and factors explain the innovative process. By applying the econometric analyses techniques to a sample of 152 Spanish innovative companies, empirical findings confirm the existence of interesting relations between internal factors and the innovative process.