Firms pursuit of innovations through internationalization: a treatment effect estimation
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F20%3A39916147" target="_blank" >RIV/00216275:25410/20:39916147 - isvavai.cz</a>
Result on the web
<a href="https://journals.vgtu.lt/index.php/TEDE/article/view/12484" target="_blank" >https://journals.vgtu.lt/index.php/TEDE/article/view/12484</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.3846/tede.2020.12484" target="_blank" >10.3846/tede.2020.12484</a>
Alternative languages
Result language
angličtina
Original language name
Firms pursuit of innovations through internationalization: a treatment effect estimation
Original language description
Firms participations in international markets is known to stimulate innovations as well as expose them to both international and domestic partners that can influence their innovation prospects and activities. Countries with weaker innovation potentials acquire advanced knowledge, technologies and innovations when they interact and collaborate with partners in the international ecosystem. The focus of this paper is to explore the linkage between firm's decisions to internationalize and its additionality effects on firm-level innovations. Our results show a positive and significant correlations between these firms' participation in international markets and their product, process, research and development and acquisition of external knowledge. We also find that, the foreign enterprise group, foreign clients and customers from the private sector as well as foreign consultants were vital for firms' innovation. In contrast we find that there is no relationship between foreign ownership and firms' innovations as can be seen from the insignificant coefficients results. The ATE results show that the extent of internationalizations increased the probabilities of stimulating product, process innovations and R&D on average by 21, 14 and 9 percentage points in comparison with firms that didn't internationalize. Implications and suggestions for future research are discussed.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GA20-03037S" target="_blank" >GA20-03037S: Towards a dynamic knowledge-based business model for open innovations</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Technological and Economic Development of Economy
ISSN
2029-4913
e-ISSN
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Volume of the periodical
26
Issue of the periodical within the volume
4
Country of publishing house
LT - LITHUANIA
Number of pages
30
Pages from-to
837-866
UT code for WoS article
000546134600007
EID of the result in the Scopus database
2-s2.0-85087456937