The External Factors Leading to Product Innovation Outcomes in the Visegrad Group-Structural Equation Model Approach
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F22%3A63548260" target="_blank" >RIV/70883521:28120/22:63548260 - isvavai.cz</a>
Result on the web
<a href="https://papers.academic-conferences.org/index.php/ecrm/article/view/212" target="_blank" >https://papers.academic-conferences.org/index.php/ecrm/article/view/212</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.34190/ecrm.21.1.212" target="_blank" >10.34190/ecrm.21.1.212</a>
Alternative languages
Result language
angličtina
Original language name
The External Factors Leading to Product Innovation Outcomes in the Visegrad Group-Structural Equation Model Approach
Original language description
This paper empirically investigates the role of external factors which drives small and medium enterprises product innovation in the Visegrad Group. An empirical analysis is based on the Business Environment and Enterprise Performance Survey conducted by the World bank with a combined sample of 2002 small and medium enterprises (SMEs) in the Czech Republic, Slovakia, Poland, and Hungary. The results of the Structural Equation Model indicate that product innovation performance is slightly higher among SMEs that are proactive in strengthening their relationships with innovative suppliers, users, and consumers. Furthermore, the findings of this paper support the view that SMEs will have better new product development results if they improve their relationships with foreign-owned firms and collaborate with external research firms. Again, the empirical study will give insights into the SME's product innovation outcomes in the Visegrad Group and a wake-up call to SME's practitioners and stakeholders on the need to collaborate externally across the European regions.
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
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Electronic Journal of Business Research Methods
ISBN
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ISSN
1477-7029
e-ISSN
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Number of pages
6
Pages from-to
157-162
Publisher name
Academic Conferences and Publishing International Limited
Place of publication
Reading
Event location
Aveiro
Event date
Jun 2, 2022
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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