← All articles

Photo · Gordon More

Actualizing Innovation Effort: The Impact of Market Knowledge Diffusion in a Dynamic System of Competition

Detelina Marinova · 2004 · Journal of Marketing

Summary. Market knowledge diffusion drives innovation effort through three mechanisms: knowledge level, knowledge change, and shared understanding of customers and competitors. However, satisfaction with past performance reduces innovation effort. The study finds that innovation effort alone doesn't improve firm performance; instead, shared market knowledge enables smaller firms to convert innovation into better returns than larger competitors can achieve.

Read the original

Cite this article

Marinova, D.. (2004). Actualizing Innovation Effort: The Impact of Market Knowledge Diffusion in a Dynamic System of Competition. Journal of Marketing. https://doi.org/10.1509/jmkg.68.3.1.34768

Details

DOI
10.1509/jmkg.68.3.1.34768
Countries
United States
Regions
North America
Categories
innovation-theory, innovation-networks, general-innovation
Added
2026-04-28