Impact Of Innovation Activities Research Articles

INNOVATION AND GROWTH IN THE CITY REGION: MICROECONOMIC EVIDENCE OF ASYMMETRIES

Using a micro-economic perspective, this study explores the type, scale and impact of innovation activities that small and medium-sized enterprises (SMEs) undertake with focus on the sub-national level. Based on a representative sample of 250 independent SMEs, based in the Leeds City Region (LCR) and using quantitative methods, this study provides evidence of the types of innovation that are most likely to result in achieving policy aims associated with for example the development of international markets or growth of employment opportunities. The findings show that there is a need for aligning business support for innovation with human capital (education/training) interventions. Furthermore, the findings provide a strong evidence base, at the local level, to inform the development of innovation policy and illustrate the connections between different types of innovation SMEs’ growth at regional level.

Research, development and innovations in Czech manufacture of electronic products

The paper deals with the topic of research and development investments and its use in small and medium-sized enterprises SME’s operating in the electronic industry. The aim of the article is to find out the impact of innovation activities on enterprises, especially the influence of the sources of funding for the research activity. The Czech Republic is the geographic segment to be explored. A chapter on theoretical issues is followed by a description of the current situation in the Czech Republic and abroad, and access to legal support for research and development in the business sector. Primary data collected from a survey are analysed in the analytical part. The statistical data processing was done using Statistica 12 software. Some SME’s of chosen group of manufacturing industry focus on research and development performed by their own means, and they searched for the possibility of financing the research from various sources.

Knowledge spillovers, innovation activities, and competitiveness of industries in EU member and candidate countries

The impact of innovation activities on the performance and competitiveness of firms, industries, and nations has been a matter of considerable interest over the past few decades. The existing empirical work has widened our knowledge of the complexity of the innovation process and its impact on the ability of firms to compete. This study investigates how knowledge spillovers generated through firms? innovation activities affect the ability of their industries to compete in terms of quality. The data from the Community Innovation Survey 2006 for several EU member and candidate countries that have recently become available are combined with other EU-wide datasets to create an industry database containing information on innovation activities and performance at industry level. A simultaneous equations framework is used to examine the interdependencies between knowledge spillovers, innovation activities, quality upgrading, and the market share of industries from the selected countries in the single European market. The results of the investigation provide support for the relationship between innovation, quality upgrading, and market share of industries, and point to several types of spillover which are relevant for the competitiveness of national industries in EU member states.

The impact of innovation activities on firm performance using a multi-stage model: Evidence from the Community Innovation Survey 4

The impact of innovation on firm performance has been a matter of significant interest to economists and policy makers for decades. Although innovation is generally regarded as a means of improving the competitiveness of firms and their performance, this relationship has not been supported unambiguously by empirical work. This paper presents one of the first attempts to assess the drivers of the innovation process in two different institutional settings: mature market economies of Western Europe and advanced transition economies from Central and Eastern Europe. A multi-stage approach to innovation is applied to the firm level data from the fourth Community Innovation Survey (CIS4), covering some 90,000 firms. The findings reveal a positive relationship between innovation activities and productivity. Firms decide to engage in innovation and on how much to invest under pressure of competition. In making these decisions firms rely on the knowledge accumulated from previously abandoned innovations and cooperation with other firms and institutions and other members of their group. Subsidies lead to additional spending on innovation by firms but do not lead to additional innovation output. The results also show that larger firms are more likely to embark on innovation activities and invest more in innovation but innovation output decreases with firm size. Finally, results reveal several differences in behaviour of firms in two groups of countries.

The Impact of Innovation Activities on Employment in the Environmental Sector – Empirical Results for Germany at the Firm Level

Summary The paper explores employment effects of environmental product innovations at the firm level. Whereas there are many studies analysing this relationship for general innovations, studies for the environmental sector are still rare.On the background of high political attention connected with hopeful employment perspectives, a separate analysis of this sector in comparison to other, non-environmental fields seems to be very important. The empirical analysis is based on the establishment panel of the Institute for Employment Research (Nuremberg). The econometric results show that the influence of environmental innovation activities on the employment development is significantly positive and the quantitative impact seems to be larger than in other, non-environmental fields. Within a bivariate probit model, the determinants of environmental innovation activities are also explored. They may be interpreted as indirect influences on the employment development of the firm. The results show that the improvement of the innovative capacities by R&D and further education measures and the existence of highly qualified human capital are significantly important for the development of new products in the environmental sector

The Impact of Innovation Activities on Firm Performance Using a Multi-Stage Model: Evidence from the Community Innovation Survey 4

The impact of innovation on firm performance has been a matter of significant interest to economists and policy makers for decades. Although innovation is generally regarded as a means of improving the competitiveness of firms and their performance on domestic and foreign markets, this relationship has not been supported unambiguously by empirical work. Innovative activities of firms influence their performance not necessarily directly but through the production of useful innovations and increased productivity. Therefore, in recent years, the relationship between innovation and firm performance has been modeled by a multistage approach. However, the findings from existing studies differ in many respects which suggests that there is the need for further research. In this paper we employ firm level data from the fourth Community Innovation Survey (CIS4), covering some 90,000 firms in 16 West and East European countries in order to assess the drivers of the innovation process in two different institutional settings, a number of mature market economies of Western Europe and a number of advanced transition economies from Central and Eastern Europe. A four-equation model, originating in the work of Crepon et al., (1998), has been used to link the innovation decision of firms to their performance through the impact of innovation input on innovation output and the innovation output on productivity and better performance. Our findings confirm the positive relationship between innovation activities and productivity at the firm level and provide further evidence on the relationship between size and innovation activities.