Business strategies, bureaucratic ties, and firms’ innovation novelty: insights from the World Bank enterprise survey

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F24%3A50021700" target="_blank" >RIV/62690094:18450/24:50021700 - isvavai.cz</a>

Result on the web

<a href="https://innovation-entrepreneurship.springeropen.com/articles/10.1186/s13731-024-00424-1" target="_blank" >https://innovation-entrepreneurship.springeropen.com/articles/10.1186/s13731-024-00424-1</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1186/s13731-024-00424-1" target="_blank" >10.1186/s13731-024-00424-1</a>

Result language

angličtina

Original language name

Business strategies, bureaucratic ties, and firms’ innovation novelty: insights from the World Bank enterprise survey

Original language description

We draw intuitions from the systemic perspective of innovation to develop and test a conceptual model aimed at examining the various factors capable of influencing the novelty of innovations within firms in Visegrad countries. The empirical results based on the analyses of about 2,132 firms revealed that organisational strategies, external collaborations, engaging in research and development, and the legal status of firms marginally influence innovation novelties. Contrary to our expectations, we found that intellectual property rights and bureaucratic ties do not significantly influence innovation novelties. Business cities are also positively correlated with firms’ innovation novelties whilst legal status is not. The main practical implication of the research is that firm managers in the Visegrad Group aiming to improve and sustain the novelty of innovations should consider strengthening their external collaborations as well as having business strategies that must include innovations as well as research and development (R&amp;D). We discuss some implications for theory and policy

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2024

Confidentiality

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

Name of the periodical

Journal of Innovation and Entrepreneurship

ISSN

2192-5372

e-ISSN

2192-5372

Volume of the periodical

13

Issue of the periodical within the volume

1

Country of publishing house

US - UNITED STATES

Number of pages

23

Pages from-to

"Article number: 63"

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85203689442