We study the relationship between patents and actual product innovation in the market, and how this relationship varies … consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use …

In a global context of change and uncertainty, the innovation capacity of organizations is key to their sustained … development. The objective of this study is to empirically analyze the relationship between innovation and firm performance of … wearing apparel sector in Peru and Colombia. Product Innovation together with Business Process Innovation, explained 47.1 % of …