What Determines Firm’s Innovation? The Case of Catching-up CEE Countries
Purpose: The purpose of the paper is to recognize significant innovation determinants on firms’ product, process, and overall innovation activity. Methodology/Approach: The source of data for the analysis is the Community Innovation Survey 2012-2014. If the company has implemented the relevant in...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Technical University of Kosice
2021-04-01
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| Series: | Kvalita Inovácia Prosperita |
| Subjects: | |
| Online Access: | https://www.qip-journal.eu/index.php/QIP/article/view/1513 |
| _version_ | 1827868129706901504 |
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| author | Michael Vávra Gregor Vohralík Viktor Prokop Jan Stejskal |
| author_facet | Michael Vávra Gregor Vohralík Viktor Prokop Jan Stejskal |
| author_sort | Michael Vávra |
| collection | DOAJ |
| description |
Purpose: The purpose of the paper is to recognize significant innovation determinants on firms’ product, process, and overall innovation activity.
Methodology/Approach: The source of data for the analysis is the Community Innovation Survey 2012-2014. If the company has implemented the relevant innovation activity, they acquire a value of 1, or, if the company has not performed a certain activity in the period, they reached 0. As the variables are binary, the logistic regression analysis was used.
Findings: Based on the results from the analysis, we defined the proper determinants of firms’ innovation activities but unfortunately, firms are not able to achieve innovative outputs, specifically within CEE countries. This is due, among other things, to several factors such as different conditions in individual countries, different innovation policies at the national as well as company level, managerial approach (aversion) to risk, mistrust between the various actors, and many others. A typical example is the impact of internal R&D on firm innovations. While in the case of product innovations we found a significant positive impact, in the case of process innovations the impact was negative
Research Limitation/Implication: We performed on outdated data and we did not make a comparison with countries from Western Europe.
Originality/Value of paper: The paper analyses innovation determinants and it is importance for innovation activities within the CEE countries.
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| first_indexed | 2024-03-12T15:26:56Z |
| format | Article |
| id | doaj.art-b48219f7f8a34c08a695b79e07eb8b2e |
| institution | Directory Open Access Journal |
| issn | 1335-1745 1338-984X |
| language | English |
| last_indexed | 2024-03-12T15:26:56Z |
| publishDate | 2021-04-01 |
| publisher | Technical University of Kosice |
| record_format | Article |
| series | Kvalita Inovácia Prosperita |
| spelling | doaj.art-b48219f7f8a34c08a695b79e07eb8b2e2023-08-10T13:15:16ZengTechnical University of KosiceKvalita Inovácia Prosperita1335-17451338-984X2021-04-0125110.12776/qip.v25i1.1513What Determines Firm’s Innovation? The Case of Catching-up CEE CountriesMichael Vávra0Gregor VohralíkViktor Prokop1Jan Stejskal2University of Pardubice, Pardubice, Czech RepublicUniversity of Pardubice, Pardubice, Czech RepublicUniversity of Pardubice, Pardubice, Czech Republic Purpose: The purpose of the paper is to recognize significant innovation determinants on firms’ product, process, and overall innovation activity. Methodology/Approach: The source of data for the analysis is the Community Innovation Survey 2012-2014. If the company has implemented the relevant innovation activity, they acquire a value of 1, or, if the company has not performed a certain activity in the period, they reached 0. As the variables are binary, the logistic regression analysis was used. Findings: Based on the results from the analysis, we defined the proper determinants of firms’ innovation activities but unfortunately, firms are not able to achieve innovative outputs, specifically within CEE countries. This is due, among other things, to several factors such as different conditions in individual countries, different innovation policies at the national as well as company level, managerial approach (aversion) to risk, mistrust between the various actors, and many others. A typical example is the impact of internal R&D on firm innovations. While in the case of product innovations we found a significant positive impact, in the case of process innovations the impact was negative Research Limitation/Implication: We performed on outdated data and we did not make a comparison with countries from Western Europe. Originality/Value of paper: The paper analyses innovation determinants and it is importance for innovation activities within the CEE countries. https://www.qip-journal.eu/index.php/QIP/article/view/1513product innovationprocess innovationCEE countriesknowledge |
| spellingShingle | Michael Vávra Gregor Vohralík Viktor Prokop Jan Stejskal What Determines Firm’s Innovation? The Case of Catching-up CEE Countries Kvalita Inovácia Prosperita product innovation process innovation CEE countries knowledge |
| title | What Determines Firm’s Innovation? The Case of Catching-up CEE Countries |
| title_full | What Determines Firm’s Innovation? The Case of Catching-up CEE Countries |
| title_fullStr | What Determines Firm’s Innovation? The Case of Catching-up CEE Countries |
| title_full_unstemmed | What Determines Firm’s Innovation? The Case of Catching-up CEE Countries |
| title_short | What Determines Firm’s Innovation? The Case of Catching-up CEE Countries |
| title_sort | what determines firm s innovation the case of catching up cee countries |
| topic | product innovation process innovation CEE countries knowledge |
| url | https://www.qip-journal.eu/index.php/QIP/article/view/1513 |
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