Technological innovation outcomes: Does the internal and external ecosystem play key roles?

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Technological innovation outcomes: Does the internal and external ecosystem play key roles?

Popis výsledku v původním jazyce

This study empirically investigates the causal relationship that exist between innovators, the internal and external ecosystem factors driving technological innovation among small and medium-sized enterprises (SMEs) across the European region using the linear equation model. Our analysis is based on firm-level data from the European Innovation Survey conducted by the European Union from 2011 – 2018 with 296 SMEs across Europe. According to the results, human resources, research systems, financial support, firm investments, linkages and employment impact was positively related to technological innovation performance. However, the outcome of an innovation-free environment and sales impacts as contextual factors had an insignificant influence on SMEs’ ecosystem innovation performance. The results imply that effective human resource approach coupled with good governmental policies are important factors that can increase SMEs’ innovation performance in an ecosystem. Based on this study results, SMEs’ managers can provide effective and sustainable policies that would provide both direct and support roles on the main drivers of regional and economic development.

Název v anglickém jazyce

Technological innovation outcomes: Does the internal and external ecosystem play key roles?

Popis výsledku anglicky

This study empirically investigates the causal relationship that exist between innovators, the internal and external ecosystem factors driving technological innovation among small and medium-sized enterprises (SMEs) across the European region using the linear equation model. Our analysis is based on firm-level data from the European Innovation Survey conducted by the European Union from 2011 – 2018 with 296 SMEs across Europe. According to the results, human resources, research systems, financial support, firm investments, linkages and employment impact was positively related to technological innovation performance. However, the outcome of an innovation-free environment and sales impacts as contextual factors had an insignificant influence on SMEs’ ecosystem innovation performance. The results imply that effective human resource approach coupled with good governmental policies are important factors that can increase SMEs’ innovation performance in an ecosystem. Based on this study results, SMEs’ managers can provide effective and sustainable policies that would provide both direct and support roles on the main drivers of regional and economic development.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 13th EBES Conference

ISBN

978-605-80042-4-5

ISSN

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e-ISSN

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Počet stran výsledku

12

Strana od-do

871-880

Název nakladatele

Eurasia Business and Economics Society

Místo vydání

Istanbul

Místo konání akce

Atény

Datum konání akce

6. 1. 2021

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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