Consultants and firm-level innovation performances: a doubly robust estimation approach

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F20%3A39917117" target="_blank" >RIV/00216275:25410/20:39917117 - isvavai.cz</a>

Result on the web

<a href="https://ejes.uaic.ro/articles/EJES2020_1102_ODE.pdf" target="_blank" >https://ejes.uaic.ro/articles/EJES2020_1102_ODE.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Consultants and firm-level innovation performances: a doubly robust estimation approach

Original language description

This paper examines firms use of external consultants and commercial labs as an essential source of knowledge for innovation performance and activities in the IT and other information service firms. Consultants are essential conduits to transfer knowledge, technologies and innovations to firms and other economic agents. Using data from the Eurostat Community Innovations Survey conducted between 2012 and 2014 and the doubly robust estimation methodology, this study, as expected, found a positive and statistically significant relationship between product and process innovations, intramural R&amp;D, engagement in R&amp;D, market introduction of innovations, engagement in other preparation influenced firms to rely on the services of external consultants. The results of the propensity-score matching also show that on average, firms that relied on the services of consultants were 61% more likely to improve their product innovations and 62% organizational innovations than those firms that didn&apos;t use them. The results are important for firm managers who are aiming to be innovative and can serve as a practical guide on how to improve firm-level innovation potentials and activities.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50601 - Political science

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Eastern Journal of European Studies

ISSN

2068-651X

e-ISSN

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Volume of the periodical

11

Issue of the periodical within the volume

2

Country of publishing house

RO - ROMANIA

Number of pages

24

Pages from-to

288-311

UT code for WoS article

000605001800014

EID of the result in the Scopus database

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