The impact of the 2008 financial crisis on innovation: A dominant design perspective
Brem A, Nylund P, Viardot E (2020)
Publication Type: Journal article
Publication year: 2020
Journal
Book Volume: 110
Pages Range: 360-369
DOI: 10.1016/j.jbusres.2020.01.048
Abstract
The purpose of this study is to evaluate the impact of the 2008 financial crisis on innovation, as measured by the emergence of dominant designs. A negative impact is substantiated theoretically and empirically, based on longitudinal patent data from the OECD. This study also finds evidence for the moderating impact of globalization on the relationship between innovative performance and the emergence of dominant design. Thus, globalization is more important with regard to the establishment of dominant designs than it was before the financial crisis of 2008. Further, it is found that following the crisis, science-based industries tend to have more dominant designs than other industries.
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APA:
Brem, A., Nylund, P., & Viardot, E. (2020). The impact of the 2008 financial crisis on innovation: A dominant design perspective. Journal of Business Research, 110, 360-369. https://dx.doi.org/10.1016/j.jbusres.2020.01.048
MLA:
Brem, Alexander, Petra Nylund, and Eric Viardot. "The impact of the 2008 financial crisis on innovation: A dominant design perspective." Journal of Business Research 110 (2020): 360-369.
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