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Scientific Magazines: Esic Market

Num. 162 Vol. 50 Issue 1
Determining elements in organizational innovation: Factors and obstacles in Spanish companies
DOI: 10.7200/esicm.162.0501.4

M. Piedad Fernández Perea

Organizational innovation (hereinafter OI) involves the use of new organizational mechanisms for the internal functioning of the company in areas such as the organization of the workplace or in the company’s relationships with the outside world. Data has been taken the Technological Innovation Panel (FECYT: Spanish Foundation for Science and Technology, 2012). The variables that affect the adoption of OI in companies have been analyzed, making an estimation of a trivariate probit statistical model, to which the method of maximum likelihood was applied. The results show a relationship of dependency between the different mechanisms of innovation in organizations and the need to control this interaction. The results highlight the existence of nine components or variables that have a positive relationship with the adoption of OI, among these the acquisition of external R&D and the need for training, thus corroborating the fact that for organizations that make efforts to increase their ability to acquire new knowledge, the introduction of OI serves as a complement.

JEL Code: O31

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