Determinants of firm's innovation
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F12%3A00385951" target="_blank" >RIV/67985998:_____/12:00385951 - 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
Determinants of firm's innovation
Original language description
The primary aim of the paper is an analysis of the relationships between growth, innovation and subsidies based on a large firm-level data set in the period 2004-2007. The novelty of the approach lies in linking data from financial statements with data from innovation surveys of the Czech Statistical. Innovation activities of firms are modelled as a four stage model (CDM) which allows studying several interrelated questions while controlling for simultaneity and for causality problem. In the first two stages determinants of decision to innovate and consequent innovation investment are separated. In the third stage innovation input (R&D investment) is linked to innovation output, and finally, in the fourth stage it is determined how the productivity offirm is related to its innovation activities. Our analysis proved that innovation input significantly increases innovation output, with increasing firm´s size, however, ceteris paribus, the innovation output is decreasing. This means that
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Prague Economic Papers
ISSN
1210-0455
e-ISSN
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Volume of the periodical
21
Issue of the periodical within the volume
4
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
17
Pages from-to
487-503
UT code for WoS article
000313919600006
EID of the result in the Scopus database
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