Radical innovation,incremental innovation and training: Analysis of complementarity |
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| Affiliation: | 1. Nottingham University Business School, Jubilee Campus, Wollaton Road, Nottingham NG8 1BB, UK;2. Norwich Business School, University of East Anglia, Norwich Research Park, NR4 7TJ, UK;3. Manchester Business School, University of Manchester Booth Street West, Manchester M15 6PB, UK;4. School of Civil and Building Engineering, Loughborough University, Loughborough, Leicestershire LE11 3TU, UK;1. School of Management, Shanghai University, Shanghai 200444, China;2. Antai School of Management, Shanghai Jiao Tong University, Shanghai 200052, China;1. University of Exeter Business School, Streatham Court, Rennes Drive, Exeter EX4 4PU, UK;2. Kedge Business School, 680, cours de la Liberation, 33405 Talence, France |
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| Abstract: | This paper analyzes the connection between labour productivity and variables such as radical innovation, incremental innovation, production technology embodied in new machinery and equipment, utilization of productive capacity and training. Furthermore, we test the existence of complementarity between radical innovation, incremental innovation and training. The data used are from Spanish manufacturing and service companies and have been collected by the Business Environment and Enterprise Performance Survey (BEEPS). The results indicate that radical innovation and training have a positive and significant impact on labour productivity. The influence of production technology embodied is also significant but negative. We did not find evidence of complementarity or substitutability between the variables analyzed. |
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| Keywords: | Innovation Technology embodied Training Productivity Complementarity |
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