Revisiting the Factors Driving Firms' Innovation Performances: the Case of Visegrad Countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F21%3A39916150" target="_blank" >RIV/00216275:25410/21:39916150 - isvavai.cz</a>

Výsledek na webu

<a href="https://link.springer.com/article/10.1007/s13132-020-00669-7" target="_blank" >https://link.springer.com/article/10.1007/s13132-020-00669-7</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/s13132-020-00669-7" target="_blank" >10.1007/s13132-020-00669-7</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Revisiting the Factors Driving Firms' Innovation Performances: the Case of Visegrad Countries

Popis výsledku v původním jazyce

This study examines the various factors that drive firms&apos; innovations in Visegrad countries. For the empirical analysis, we used data from the Eurostat Community Innovation Survey 2012-2014 and the probit regression model. The probit regression analysis finds that the main drivers of innovations in these countries are competing in foreign markets, engaging in innovation activities such as R&amp;D and in-house training activities. We find that engaging in R&amp;D was probable to improve product innovations by 48%, process and organizational innovations by 27% and market innovations by 22%. The study also finds that public subsidies for innovations from local, central and EU sources significantly influenced firm-level innovations. Lastly, innovations in these countries were also significantly and positively stimulated by certain firm characteristics such as size and ownerships. In this respect, policy makers and industry management should consider increasing their investments for research and development and its related activities inter alia to improve innovation performance.

Název v anglickém jazyce

Revisiting the Factors Driving Firms' Innovation Performances: the Case of Visegrad Countries

Popis výsledku anglicky

This study examines the various factors that drive firms&apos; innovations in Visegrad countries. For the empirical analysis, we used data from the Eurostat Community Innovation Survey 2012-2014 and the probit regression model. The probit regression analysis finds that the main drivers of innovations in these countries are competing in foreign markets, engaging in innovation activities such as R&amp;D and in-house training activities. We find that engaging in R&amp;D was probable to improve product innovations by 48%, process and organizational innovations by 27% and market innovations by 22%. The study also finds that public subsidies for innovations from local, central and EU sources significantly influenced firm-level innovations. Lastly, innovations in these countries were also significantly and positively stimulated by certain firm characteristics such as size and ownerships. In this respect, policy makers and industry management should consider increasing their investments for research and development and its related activities inter alia to improve innovation performance.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50601 - Political science

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název periodika

Journal of the Knowledge Economy

ISSN

1868-7865

e-ISSN

—

Svazek periodika

12

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

CH - Švýcarská konfederace

Počet stran výsledku

14

Strana od-do

1331-1344

Kód UT WoS článku

000543332200001

EID výsledku v databázi Scopus

2-s2.0-85086862155