プロジェクトの中止又は遅延がイノベーション活動の生産性に及ぼす影響：「第4回全国イノベーション調査」による定量分析

抄録

This paper uses firm-level data from the Japanese National Innovation Survey 2015 to investigate whether project termination, or delay, foster or hamper introducing product innovation in innovation activities. The empirical results indicate two possibilities. First, firms that experience project termination, or delay, are characterized by factors affecting high-innovation performance, such as large firm size, high research and development (R&D) intensity, a high share of postgraduate employees, and cooperation for innovation with external organizations. Second, the probability of introducing new products is approximately 12.0% higher for treated firms (i.e., firms that experienced termination, or delay) than for untreated firms (i.e., firms with no experienced termination, or delay). These results imply that project termination, or delay, for Japanese innovation-active firms was derived from R&D trial-and-error; such learning-from-failure successfully leads to their high propensity to innovate.