When studying about innovation we have to consider that there are two major streams of research: firm-level and industry-level. Although they are definitely related, the perspective and the findings from one does not exactly communicate with the other. Firm-level research is more focused on strategies while industry-level research is more focused on policy implications and contextual determinants. What may be other differences between them?
it may simply be a case of industry level having received less attention and being more obscure. or having received narrow focus.
interesting questions may be how firm level innovation may shape industry level innovation, and how industry level innovation attempts by firms may benefit the individual firms.
The major difference in innovation research at firm level is micro compared with the industry level.Though the spark for innovation can come from firm level level the applicability and customization of the innovation is better felt in the industry level implementation.
To keep abreast of the major developments in the industry and the reason here is the research innovations that start from the level of industry itself and the need for innovation and development
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