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Innovation activities are a critical factor in national and regional development. The innovative behaviour of companies is one of the main sources of competitiveness, business survival, economic growth and employment in a territory. It is therefore important to identify and understand the factors that determine innovation behaviour among enterprises. In line with this, the aim of this study is to analyse the relations between innovation‐related variables and the impact that they have on company performance. Theresearch model proposed is applied to two high‐tech sectors of the Italian region of Lazio to verify its validity. The examination concerns the aerospace and biotech sectors, which are characterized by strong innovative activity

Competiveness and Innovation in High-tech Companies: An Application to the Italian Biotech and Aerospace Industries