“…The association between turnover and the innovation score of IT companies under study was then evaluated from Spearman's correlation coefficient indicating a moderate correlation, r = 0.348, with significance level p value = 0.048. This result shows that corporate turnover influences innovation in a way that innovation contributes significantly to a company`s financial performance, productivity, and growth [27] In addition, companies investing in research and development have higher growth rates than companies that do not have such investments, moreover investment in innovation is more efficient than capital investment in relation to the company's capital growth [28]; [29] [30] [31]; [32]. Innovation is a differential factor in the growth and profitability of companies, especially when associated with product quality, because when the company includes daily practices such as the search, flexibility, and openness to the new, experimentation, discovery, and radical changes, all of which are associated with the notion of innovation (exploration) and discipline, control, standardization, rigidity, efficiency, incremental change, execution and continuous improvement (exploitation), there is a positive growth in the profitability of the company [33]; [34].…”