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Innovation is currently presented as critical for the competitive advantage of companies and countries. However, since innovation results from trial/error processes that are inherently uncertain and contextually framed, presents a high probability of failure. Based on the Community Innovation Survey, this study maps and characterizes innovation activities, including abandoned innovation, and its outputs (innovative and financial) of High-technology industry and Knowledge intensive services companies, operating in Portugal between 2008 and 2014, a period characterized by the socio-economic crisis. In this period, there is a reduction of the weight of companies that develop innovation activities and of their outputs. However, these decreases are less pronounced among firms that abandon innovation processes. Altogether, these results suggest that learning from unsuccessful innovation projects can be critical for the companies’ ultimate success. Thus, the development of strategies that facilitate learning along abandoned processes is critical to retain knowledge within companies.

Inovação em Portugal. A importância de aprender com o fracasso