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The Drivers of Company Innovation Activities in German Industries
Year: 2016
Type of publication: článek ve sborníku
Name of source: Proceedings of the 11th European Conference on Innovation and Entrepreneurship
Publisher name: Academic Conferences and Publishing International
Place: Reading
Page from-to: 569-577
Titles:
Language Name Abstract Keywords
cze Determinanty inovačních aktivit podniků v německých průmyslových odvětvích Cílem tohoto příspěvku je analyzovat determinanty inovačních aktivit podniků ve vybraných odvětvích německého průmyslu. Autoři výzkumu prezentují vliv jednotlivých vybraných faktorů, které ovlivňují inovační aktivity a výsledky doplňují praktickými implikacemi. Determinanty; inovačních; aktivit; podniků; německých; průmyslových; odvětvích
eng The Drivers of Company Innovation Activities in German Industries Consequently, innovation allows companies to generate added value and get ahead of their competitors. However, a number of recent studies have shown that innovation does not occur in isolation and innovation factors affect each industry differently. This is why economic entities fail – because they are unable to exploit the potential of cooperation (for example, using the Triple Helix principle in networks) and by ineffectively spending public funds to support innovative activities. On the other hand, Germany has the largest economy in the European Union and one of the strongest and most competitive economies in the world (Germany was ranked fourth in the 2015–2016 rankings of the Global Competitiveness Index carried out by the World Economic Forum). This is due to the fact that stimulus for investment, a good climate for innovation, and private-sector investment has crucial importance for the German government. Therefore, the goal of this article is to analyze the drivers influencing businesses´ innovation activities in different industries in Germany. We show that different factors influence the innovation activities of different industries. Our results provide (1) practical implications for policy makers (not only in Germany) and (2) an initial analysis of German industries and a proposal for partners and factors that affect the innovative activities of different sectors. This proposal could help other economies support the creation of innovation (especially, countries from Central and Eastern Europe – the CEE Countries). For the analysis, we created original multiple linear regression models using data from the Community Innovation Survey conducted in Germany between the years 2010–2012. The; Drivers; Company; Innovation; Activities; German; Industries

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