How Do Innovation Lifecycle Phases Affect the Innovation Success of IT Firms?

摘要

This paper examines the impact of phases and factors of innovation development lifecycle on the innovation success of the Information Technology firms. The authors build this paper with the support from the resource-based view theory and propose the hypotheses. Authors draw the three main phases of the innovation process, namely research phase, development phase, and commercialization phase from the previous studies and developed the research model. Authors use a semi-structured interview to identify and validate the survey items from the industry and academia. A structured questionnaire is performed to collect primary data from IT firms. This study uses the confirmatory factor analysis and the stepwise regression methods to statistically analyze the data. Authors find that the research phase, development phase, and firm age have a positive and significant influence on the innovation success but the commercialization phase has a significant but negative influence on innovation success when it is measured using intellectual property rights.