The paper is aimed at the identification of firm-level innovation strategies and their\r\ncompetitiveness across sectors and countries. The types of innovation strategies are identified\r\nbased on exploratory techniques that are applied to CIS6 microdata. The data includes 60\r\ninnovation variables from 16 European countries, 12 core and 19 additional industrial sectors.\r\nThe total sample size equals 127,674 firms. The dispersion of the emerged innovation\r\nstrategies across the sample countries and sectors is presented as well. Firm competitiveness\r\npattern typical of the innovation strategies is also assessed. The suitability of the established\r\ninnovation strategies for other than CIS6 economies is defined, thus allowing for the\r\ngeneralization of the results at the global level. For this purpose, the data of the Institutional\r\nProfiles Database III from 123 countries are employed.\r\nBoth the identification of the competitiveness pattern along the emerged innovation strategies\r\nand the possibility to generalize the results at the global level are novel for this strand of\r\nwork. From the practical perspective, the findings enable firms to better evaluate the\r\nappropriateness of the relevant economies to their innovation strategies. Thus, for instance,\r\ninstitutional contexts of some economies can be considered to be suitable for the most\r\ncompetitive innovation strategies, but firms in these economies do not fully utilize this\r\npotential. Hence, the findings could be used by them as the guidelines for further innovation\r\ndevelopment.
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