2022
DOI: 10.24136/eq.2022.027
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Exploring potential drivers of innovation-related activities in Poland: evidence from Polish business clusters

Abstract: Research background: Innovations are introduced by competitive companies. One of the most common methods, increasingly used by companies, is organizing clusters or cluster initiatives operating within a specialized sector, competing with each other, exploiting the potential of cooperation and its impact on creating new business ideas. However, these efforts could be unviable due to the lack of an effective leader of the group. One should underline a crucial role of the leader in such an organized network, sinc… Show more

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Cited by 5 publications
(4 citation statements)
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“…Yang et al (2019) prove that level of firm cash holdings positively affects firm value and increase sale growth. The value of cash holdings is higher when firms hold cash for the purpose of precaution and trading (Denis & Sibilkov, 2010;Harford et al, 2014;Hussain et al, 2022;Nguyen & Ngo 2022, Yousaf et al, 2021Kuczewska & Tomaszewski, 2022). Xiao et al (2020) prove that level of firm cash holdings positively affects the accumulative abnormal returns in the window periods with the shock of COVID-19, and this research provides direct evidences on the precautionary value of firm cash holdings.…”
Section: Literature Reviewsmentioning
confidence: 56%
“…Yang et al (2019) prove that level of firm cash holdings positively affects firm value and increase sale growth. The value of cash holdings is higher when firms hold cash for the purpose of precaution and trading (Denis & Sibilkov, 2010;Harford et al, 2014;Hussain et al, 2022;Nguyen & Ngo 2022, Yousaf et al, 2021Kuczewska & Tomaszewski, 2022). Xiao et al (2020) prove that level of firm cash holdings positively affects the accumulative abnormal returns in the window periods with the shock of COVID-19, and this research provides direct evidences on the precautionary value of firm cash holdings.…”
Section: Literature Reviewsmentioning
confidence: 56%
“…The SEM modeling is currently commonly used in management and behavioral studies mostly due to it high applicability for phenomena of latent character, which are described with intangible variables Cong Doanh et al, 2021;Ismail et al, 2023;Chang & Ku, 2023). From the perspective of social sciences, the important advantage of the method relates to its higher elasticity than the case of standard regression analysis (Brown, 2006;Kuczewska & Tomaszewski, 2022;Dabija et al, 2022;Szostek et al 2023;Wach et al, 2023).…”
Section: Data Analysis Strategy and Schematic Modelmentioning
confidence: 99%
“…The existence of a cluster organisation can strengthen and deepen relationships between actors through bridge-building activities, fostering collaboration and innovation (Lechner and Leyronas, 2012; Morgulis-Yakushev and Soelvell, 2017). Moreover, a cluster coordinator or leader has been shown to enhance knowledge flow, information symmetry and overall productivity and innovation within companies in the cluster (Kuczewska and Tomaszewski, 2022).…”
Section: Introductionmentioning
confidence: 99%