Abstract
The open innovation concept thrives on knowledge and information flow; their sources for the current innovation performance of the selected Central and Eastern European (CEE) countries have since triggered research interest. This research aimed to explore the different sources of knowledge and information for innovation and the extent to which these different sources contribute to the innovation performance of small and medium-sized enterprises in some selected CEE countries. The study assesses the influence of different knowledge and information sources and their relationships in SMEs engaged in manufacturing activities for innovation performance in the selected CEE countries using structural equation modeling. Data were sourced from the anonymized European Community Innovation Survey (CIS, 2012). The results show that internal sources of information and knowledge from innovative internal activities highly influence SMEs’ innovation performance in these CEE countries. Additionally, SMEs in the selected countries’ sources of information and knowledge influence firm cooperation arrangements. The result is significant for SMEs and policymakers to ensure fostering information and knowledge sharing and support of creating valuable knowledge for innovation, most importantly, in the aftermath of financial and economic crisis. AcknowledgmentThis work was supported by a grant provided by the scientific research project of the Czech Sciences Foundation Grant No. 20-03037S.
Highlights
The open innovation concept thrives on knowledge and information flow; their sources for the current innovation performance of the selected Central and Eastern European (CEE) countries have since triggered research interest
This research aimed to explore the different sources of knowledge and information for innovation and the extent to which these different sources contribute to the innovation performance of small and medium-sized enterprises in some selected CEE countries
The study assesses the influence of different knowledge and information sources and their relationships in small and medium-sized enterprises (SMEs) engaged in manufacturing activities for innovation performance in the selected CEE countries using structural equation modeling
Summary
The recent boom in the economies of these countries is attributable to success in the utilization of innovation, of which small and medium-sized enterprises (SMEs) have played an important role These SMEs’ innovation performance is greatly dependent on mostly their innovative internal activities and through collaborative networks of the various economic actors in their business environment. SMEs’ open in- as many studies have looked at the various effect novation involves external networks that are not of firm sources for information and knowledge for structured and based on informal settings that en- innovation performance and cooperation as a sigable the acquisition of new knowledge Ness partners and competitors (Mukherjee et al., 2019) Both horizontal and vertical inter-firm co- H1: SMEs’ internal innovative activities signifoperative arrangements have provided important icantly and directly influence innovation sources of external knowledge and information performance. It can estimate with small sample size issues measuring very complex mod-
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