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Firms pursuit of innovations through internationalization: a treatment effect estimation
Authors: Odei Samuel Amponsah | Stejskal Jan
Year: 2020
Type of publication: článek v odborném periodiku
Name of source: Technological and Economic Development of Economy
Publisher name: Vilnius Gediminas Technical University
Place: Vilnius
Page from-to: 837-866
Titles:
Language Name Abstract Keywords
cze Inovační výkon firem podporovaný internacionalizací: metody odhadu účinnosti Cílem tohoto příspěvku je prozkoumat souvislost mezi rozhodnutími společnosti o internacionalizaci a jejími adicionalitami na inovace na úrovni firmy. Naše výsledky ukazují pozitivní a významnou korelaci mezi účastí těchto firem na mezinárodních trzích a jejich produkty, procesy, výzkumem a vývojem a získáváním externích znalostí. Zjistili jsme také, že skupina zahraničních podniků, zahraniční klienti a zákazníci ze soukromého sektoru i zahraniční konzultanti byli pro inovaci firem zásadní. Naproti tomu jsme zjistili, že neexistuje žádný vztah mezi zahraničním vlastnictvím a inovacemi firem, jak je patrné z výsledků nevýznamných koeficientů. internacionalizace;inovace;znalosti;technologie;spolupráce;partneři;Česká republika
eng Firms pursuit of innovations through internationalization: a treatment effect estimation Firms participations in international markets is known to stimulate innovations as well as expose them to both international and domestic partners that can influence their innovation prospects and activities. Countries with weaker innovation potentials acquire advanced knowledge, technologies and innovations when they interact and collaborate with partners in the international ecosystem. The focus of this paper is to explore the linkage between firm's decisions to internationalize and its additionality effects on firm-level innovations. Our results show a positive and significant correlations between these firms' participation in international markets and their product, process, research and development and acquisition of external knowledge. We also find that, the foreign enterprise group, foreign clients and customers from the private sector as well as foreign consultants were vital for firms' innovation. In contrast we find that there is no relationship between foreign ownership and firms' innovations as can be seen from the insignificant coefficients results. The ATE results show that the extent of internationalizations increased the probabilities of stimulating product, process innovations and R&D on average by 21, 14 and 9 percentage points in comparison with firms that didn't internationalize. Implications and suggestions for future research are discussed. internationalization;innovations;knowledge;technologies;collaborations;partners;Czech Republic