Modeling Innovation: Determinants of Innovativeness and the Impact of Innovation on Firm Performance

Abstract

The objective of this paper is to report on the method, analysis, and conclusions concerning two research questions formulated as: What are the determinants of innovation at firm level? and what is the inpact of innovation on firm performance? The results are based on an empirical study covering 184 manufacturing firms in the Northern Marmara region within Turkey. A comprehensive and integrated innovation model is presented composed of two sub-models proposed in fine with the two research questions posed. Results and conclusions are presented.