Firm size, radical and incremental innovation: a meta-analysis based on the awareness-motivation-capability perspective

Ouyang, Xi, Liu, Zhiqiang and Zhang, Yucheng (2022) Firm size, radical and incremental innovation: a meta-analysis based on the awareness-motivation-capability perspective. International Journal of Innovation Management, 26 (06). (doi:10.1142/S1363919622500438).

Abstract

This study investigates the firm size-innovation puzzle through distinguishing radical from incremental innovation, and examining the country-level context (i.e., university–industry collaboration in R&D and competition intensity) that the firm size-innovation relationship is contingent on. The meta-analysis including 162 studies with 112,639 firms reveals that firm size can simultaneously benefit for radical and incremental innovations, while the measurement of firm size using the non-personnel indices can result in significant difference between the firm size-radical innovation and firm size-incremental innovation. Additionally, it is found that the positive relationship between firm size and radical innovation increases when university–industry collaboration in R&D and competition intensity is stronger. This study quantitatively summarises the relationship between firm size and radical/incremental innovation and updates the correlations reported in established literatures. Drawing on awareness-motivation-capability perspective, it takes an essential and frontier step in testing the country-level context that can influence the effect of firm size on innovation.

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Contributors

Author: Yucheng Zhang

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