RT info:eu-repo/semantics/article
T1 Does innovative effort matter for corporate performance in Spanish companies in a context of financial crisis? A fuzzy-set QCA approach
A1 González Velasco, María del Carmen
A1 González Fernández, Marcos
A1 Fanjul Suárez, José Luis
A2 Economia Financiera y Contabilidad
K1 Empresas
K1 Finanzas
K1 Innovation
K1 Corporate performance
K1 fsQCA
K1 Contrarian case analysis
K1 Configural analysis
K1 Complexity theory
AB [EN] The aim of this paper is to examine whether innovative effort is a key driver of the financial performance of a set of 3,860 Spanish companies in a context of a financial crisis. For this purpose, we use contrarian case analysis and configural analysis using fuzzy-set qualitative comparative analysis (fsQCA) to test the main tenets of complexity theory: (1) innovative effort, as a single antecedent condition, is not a sufficient or necessary factor of a high score in corporate performance; (2) a few possible configurations lead to high corporate performance (equifinality principle); (3) contrarian cases occur; and (4) causal configurations for high scores for corporate performance are not the mirror opposites of causal configurations for low scores for corporate performance (causal asymmetry principle). The findings suggest that innovative effort, as a single antecedent condition, is not a sufficient or necessary factor for a high score in corporate performance.
PB Springer
SN 0377-7332
LK https://hdl.handle.net/10612/21342
UL https://hdl.handle.net/10612/21342
NO González-Velasco, C., González-Fernández, M., y Fanjul-Suárez, J. L. (2019). Does innovative effort matter for corporate performance in Spanish companies in a context of financial crisis? A fuzzy-set QCA approach. Empirical Economics, 56(5), 1707–1727. 10.1007/s00181-017-1407-2
DS BULERIA. Repositorio Institucional de la Universidad de León
RD Jul 11, 2024