The role of regional knowledge generation and diffusion in firms' innovation activity
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F16%3A39901910" target="_blank" >RIV/00216275:25410/16:39901910 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The role of regional knowledge generation and diffusion in firms' innovation activity
Original language description
The regional level is considered critical for the design and implementation of innovation policies. Regional actors also profit from spatial proximity and the knowledge transfer that results from effective formal and informal collaboration. Here, we examine regional determinants of innovation activity that are external to a firm. These determinants include: (1) regional innovation strategy, (2) foreign direct investment, (3) regional networking, (4) universities and educational institutions, (5) public financial support, and (6) regional economic performance. Using the data for Czech NUTS 3 regions, we perform a principal component analysis to detect three uncorrelated determinants, namely regional economic performance, regional networking, and regional innovation strategy. To demonstrate their effect on firm innovation activity, we also use the data from the Community Innovation Survey to investigate determinants of innovation performance that are internal to a firm. Specifically, we include firms' R&D investments and linkages. In this way, we evaluate the level of knowledge creation within firms as well as their capacity to access and absorb knowledge from outside. We use technological innovation activity as an output variable. Using logistic regression models, we examine interaction effects to demonstrate that (1) a regional innovation strategy is more effective in regions with strong regional networking and (2) firms participating in enterprise groups benefit from regional networking. These findings provide evidence for the interactive effects of regional determinants on firm innovation activity, implying that regional innovation policy should address the specific characteristics and needs of the firms in the region.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
<a href="/en/project/GA14-02836S" target="_blank" >GA14-02836S: Modelling of knowledge spill-over effects in the context of regional and local development</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 18th European Conference on Knowledge Management
ISBN
978-1-911218-03-6
ISSN
2048-8963
e-ISSN
neuvedeno
Number of pages
7
Pages from-to
350-356
Publisher name
Academic Conferences and Publishing International
Place of publication
Reading
Event location
Belfast
Event date
Sep 7, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000400276800041