Modern innovation challenges to firms and cities: The case of Portugal

Authors

  • Silvia Fernandes Research Centre for Spatial and Organizational Dynamics, Faculty of Economics, University of Algarve 8005-139 Faro, Portugal http://orcid.org/0000-0002-1699-5415
  • Marisa Cesário Research Centre for Spatial and Organizational Dynamics Faculty of Economics University of Algarve 8005-139 Faro, Portugal
  • Guilherme Castela Research Centre for Spatial and Organizational Dynamics Faculty of Economics University of Algarve 8005-139 Faro, Portugal

DOI:

https://doi.org/10.4067/S0718-27242018000200033

Keywords:

innovation accelerators, open innovation, innovation return, customer-driven, competitor-driven, HJ-Biplot

Abstract

Modern competition is tough due to emergent information systems and technologies. Managers must cope with these challenges continuously to keep their businesses sustainable. An important step is to employ strategies based on open innovation. This work analyses where Portugal stands in terms of innovation in general, propensity for open innovation and innovation sustainability. An HJ-Biplot methodology was applied to a valid sample from CIS 2012 (Community Innovation Survey). It suggests that Portuguese firms must cut back on activities that are not leading to the outcomes needed. Also, with the right partners they can have more ideas executed and diffused.

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Author Biographies

Silvia Fernandes, Research Centre for Spatial and Organizational Dynamics, Faculty of Economics, University of Algarve 8005-139 Faro, Portugal

Silvia Fernandes is an Assistant Professor at the University of Algarve (Faculty of Economics). She holds a PhD in Information Economics and is member of the CIEO (Research Centre on Spatial and Organizational Dynamics). She teaches Information Technology and Systems, and Innovation Economics in undergraduate and master courses and has several publications in books, journals and in national/international conferences. 

Marisa Cesário, Research Centre for Spatial and Organizational Dynamics Faculty of Economics University of Algarve 8005-139 Faro, Portugal

Marisa Cesário holds a PhD in Economics and is an Assistant Professor at the Faculty of Economics, University of Algarve. She is member of the Research Centre for Spatial and Organizational Dynamics. She lectures microeconomics and public economics in undergraduate and master levels. She has published scientific material related with economic geography, globalization, and technological change.

Guilherme Castela, Research Centre for Spatial and Organizational Dynamics Faculty of Economics University of Algarve 8005-139 Faro, Portugal

Guilherme Castela is an Assistant Professor at the Faculty of Economics, University of Algarve. He holds a PhD in Multivariate Statistics and Economics from the University of Salamanca (Spain). He is member of the CIEO (Research Centre on Spatial and Organizational Dynamics) and teaches quantitative methods and market research analysis in undergraduate, master and doctoral courses. He has several publications in books, journals and in national/ international conferences related with multivariate analysis techniques, multidimensional studies, ecological inference methods, etc.

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Published

2018-08-02

How to Cite

Fernandes, S., Cesário, M., & Castela, G. (2018). Modern innovation challenges to firms and cities: The case of Portugal. Journal of Technology Management & Innovation, 13(2), 33–42. https://doi.org/10.4067/S0718-27242018000200033

Issue

Vol. 13 No. 2 (2018)

Section

Research Articles

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