Title: Innovation capabilities and international performance of firms: a quantile regression approach

Authors: Madan Annavarjula; Anup M. Nandialath; Ramesh Mohan

Addresses: Department of Management, Bryant University, 1150 Douglas Pike, Smithfield, RI 02917, USA. ' College of Business Sciences, Zayed University, Academic City-Al-Ruwayyah, PO Box 19282, Dubai, UAE. ' Department of Economics, Bryant University, 1150 Douglas Pike, Smithfield, RI 02917, USA

Abstract: This study examines the relationship between various dimensions of a firm's technological innovation capabilities and its international performance. We use panel data with multiple indicators of firm level technological capabilities including generation, dissemination, strength and speed of innovation. We employ a quantile regression analysis which allowed us to test the impact of innovation capability on international performance of high, average and poor performers. Our empirical findings indicate significant disparity between the ordinary least square and quantile regression results.

Keywords: technological innovation; international performance; Bayesian semiparametric modelling; quantile regression; innovation capability; firm performance.

DOI: 10.1504/IJBIR.2012.049488

International Journal of Business Innovation and Research, 2012 Vol.6 No.6, pp.615 - 635

Published online: 12 Dec 2014 *

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