Innovations in small businesses: do public procurement contracts and intellectual property rights matter?

Odei, Samuel Amponsah; Hamplová, Eva

doi:10.1016/j.heliyon.2022.e10623

Cited by 20 publications

(15 citation statements)

References 81 publications

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“…In the second stage, we used the inverse probability weighted regression adjustment treatment effect estimation technique. In agreement with previous studies (see [72][73][74][75]). Prior to obtaining the average treatment effect estimates, propensity scores were calculated, and the region of common support generated.…”

Section: Methodssupporting

confidence: 93%

Firm-Level Innovations in an Emerging Economy: Do Perceived Policy Instability and Legal Institutional Conditions Matter?

Dunyo

Odei

2023

Sustainability

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Innovation has become a key factor of production, driving and sustaining firms’ productivity and competitiveness. Despite the growing importance attached to innovations, existing studies have produced different results on the factors driving firm-level innovations. This study investigates the factors driving innovations in the service and manufacturing sector firms in Thailand. The study tests proposed hypotheses using cross-sectional data on a sample of 613 firms from the World Bank enterprise survey of 2016. Our empirical results show that specific aspects of the business environment, such as policy instability, legal institutions, corruption, and informal competition, negatively influence non-technological innovations. Contrarily, we find that formal training, foreign technology licenses, research and development have marginal and additionality effects that positively enhance both technological and non-technological innovations. We provide practical implications for firm managers and policymakers in Thailand on adaptive measures to improve the business environment to make it conducive for firm-level innovations.

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Section: Methodssupporting

confidence: 93%

Firm-Level Innovations in an Emerging Economy: Do Perceived Policy Instability and Legal Institutional Conditions Matter?

Dunyo

Odei

2023

Sustainability

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“…What emerges from the estimates is that SMEs were more eager to introduce innovation related to public procurement than large firms. In general, the significant contributions of SMEs to innovation have been widely demonstrated in the literature (Odei, Hamplová, 2022). SMEs are seen as the most active and vibrant enterprises undertaking numerous innovative activities.…”

Section: Resultsmentioning

confidence: 99%

Innovation-Friendly Public Procurement: a Firm-Level Analysis for Poland

KIJEK,

MATRAS-BOLIBOK

2023

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The aim of the paper is to identify the drivers of innovation-friendly procurements. The research sample consists of 307 firms acting as contractors in public procurement in Poland. Our dataset has been constructed by utilizing data gathered in 2020 within the framework of the DIALOG 0260/20185 project, funded by the Ministry of Science and Higher Education. We apply the logit model with the propensity for innovation related to public procurement as the dependent variable and possible drivers of innovation-friendly procurement as the independent variables. Our main findings reveal significant distinctions between firms that introduced innovations related to public procurement and firms that did not, in particular with respect to firm size and scale of activity, orientation on public sector, and cooperation with the universities.

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“…It investigates how business model innovation contributes to digital start-up performance [35]. Another work [36] examines whether public procurement contracts, market orientations, public subsidies, intellectual property rights, and other firm characteristics shape small businesses' innovation outcomes. Mita et al explores the firm-level drivers of innovation, and the interactions between companies and the local university in a moderate innovation EU region.…”

Section: Literature Reviewmentioning

confidence: 99%

An Analytical Framework for Innovation Determinants and Their Impact on Business Performance

et al. 2022

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Innovation plays a pivotal role in the progress and goodwill of an organization, and its ability to thrive. Consequently, the impact analysis of innovation on the performance of an organization holds great importance. This paper presents a two-stage analytical framework to examine the impact of business innovation on a firm’s performance, especially firms from the manufacturing sector. The prime objective is to identify the factors that have an impact on firm-level innovation, and to examine the impact of firm-level innovation on business performance. The framework and its analysis are based on the latest World Bank enterprise survey, with a sample size of 696 manufacturing firms. The first stage of the proposed framework establishes the analytical results through Bivariate Probit, which indicates that research and development (R&D) has a significantly positive impact on the product, process, marketing, and organizational innovations. It thus highlights the important role of the allocation of lump-sum amounts for R&D activities. The statistical analysis shows that innovation does not depend on the size of the firms. Moreover, the older firms are found to be wiser at conducting R&D than newer firms that are reluctant to take risks. The second stage of the proposed framework separately analyzes the impacts of the product and organizational innovation, and the process and marketing innovation on the firm performance, and finds them to be statistically significant and insignificant, respectively.

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Innovations in small businesses: do public procurement contracts and intellectual property rights matter?

Cited by 20 publications

References 81 publications

Firm-Level Innovations in an Emerging Economy: Do Perceived Policy Instability and Legal Institutional Conditions Matter?

Firm-Level Innovations in an Emerging Economy: Do Perceived Policy Instability and Legal Institutional Conditions Matter?

Innovation-Friendly Public Procurement: a Firm-Level Analysis for Poland

An Analytical Framework for Innovation Determinants and Their Impact on Business Performance

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