Artikel

Innovation and patents as a business success factor

Purpose - The purpose of this paper is to expose the impact of innovation and patent registration, as a strategy that contributes to business success in the current competitive and globalized market conditions. Design/methodology/approach - This paper presents a study on the innovation and contribution of the patent registry in the growth of economic sales of 1,746 companies in the Colombian manufacturing sector, whose applied methodology was a statistical correlation analysis and a binary logistic regression. Findings - The results reveal a positive relationship among incremental product innovations with the achievement of sales success, although it is evident that patent registration negatively influences business success as a factor in innovation. Originality/value - This study allows organizations to understand the importance of developing innovation processes and patent registration as a competitive factor that drives sales growth and success.

Sprache
Englisch

Erschienen in
Journal: Journal of Economics, Finance and Administrative Science ; ISSN: 2218-0648 ; Volume: 26 ; Year: 2021 ; Issue: 51 ; Pages: 143-159 ; Bingley: Emerald Publishing Limited

Klassifikation
Wirtschaft
Thema
Business success
Innovation
Patent registration
Sales growth

Ereignis
Geistige Schöpfung
(wer)
Garavito Hernández, Youseline
Rueda Galvis, Javier Francisco
Ereignis
Veröffentlichung
(wer)
Emerald Publishing Limited
(wo)
Bingley
(wann)
2021

DOI
doi:10.1108/JEFAS-09-2019-0218
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Garavito Hernández, Youseline
  • Rueda Galvis, Javier Francisco
  • Emerald Publishing Limited

Entstanden

  • 2021

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