While innovation is a source of competitiveness, it may expose plants to survival risks. Using a rich set of plant … important role for the innovation-survival link: only innovators that retain diversified sources of revenues survive longer … role in the innovation-survival link. Engaging in risky innovation is not an irrational decision, since plants reap big …

While innovation matters for competitiveness it may expose firms to survival risks. Using plant-product data for Chile … on the innovation-exit relationship: only innovators that retain diversified sources of revenue or face lower market risk … which helps to rationalize their innovation decision despite the increased risk of exit. …

. On the other hand, innovative behavior produced innovation performance, which in turn produced a competitive advantage … performance in innovation. …