Factors influencing spin-off activities at universities: empirical evidence from the United Kingdom

Odei, Samuel Amponsah; Stejskal, Jan

doi:10.5817/cz.muni.p210-8970-2018-14

Cited by 4 publications

(3 citation statements)

References 34 publications

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“…Firms could rely on these institutions when they want to implement a significantly improved goods and services. These knowledge hubs can also be the birthplaces of R&D that can have tremendous impacts on firms' innovations (Odei & Stejskal, 2018b). However, our hypothesis 7b is rejected for product and process innovations, R&D and external knowledge.…”

Section: End Of Tablementioning

confidence: 71%

Firms Pursuit of Innovations Through Internationalization: A Treatment Effect Estimation

Odei

Stejskal

2020

Technological and Economic Development of Economy

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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.

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Section: End Of Tablementioning

confidence: 71%

Firms Pursuit of Innovations Through Internationalization: A Treatment Effect Estimation

Odei

Stejskal

2020

Technological and Economic Development of Economy

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“…This implies that firms' collaborations with universities is probable to have an adverse effect on their likelihood of offering to the market an improved logistic delivery or distribution system. This can be attributed to the fact that universities do not deal in logistics, but produce knowledge and human capital (Odei and Stejskal 2018b).…”

Section: Resultsmentioning

confidence: 99%

Do Firms R&D Collaborations with the Science System and Enterprise Group Partners Stimulate Their Product and Process Innovations?

Odei

Stejskal

2019

Economies

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There is a growing consensus that knowledge drives firms’ process and product innovations. An important source of these innovations is from firms networking with R&D partners, such as those in the science system and other industries in the enterprise group. This paper aimed to examine firms’ innovation collaborations with science systems and enterprise group partners and how these influence their product and process innovations. We focused on firms in the manufacturing sectors in the Czech Republic and Hungary. For our empirical analysis, we used the truncated data from the Eurostat Community Innovation Survey (CIS) 2012–2014, and the binary logistic regression model. Our results have demonstrated that firms’ collaborations with these actors have a discernible positive influence on their product innovations. Conversely, the collaborations with these R&D partners for process innovations produced mixed results for both countries.

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“…Therefore, firms are increasingly looking for other sources to supplement their in-house knowledge production capabilities that allow access to codified and tacit academic knowledge from other extraneous sources, and this is through collaborating with innovation centers such as research institutions (Laursen & Salter, 2014). Universities (public research institutions) are knowledge avenues and firms can partner with them and absorb knowledge associated with research activities (Arocena et al, 2015;Odei & Stejskal, 2018). University knowledge increases industrial innovation and can champion the establishment of new industries.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

The Influence of Knowledge Sources on Firm-Level Innovation: The Case of Slovak and Hungarian Manufacturing Firms

Odei¹,

Stejskal²

2018

CEBR

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This paper seeks to examine the various sources of knowledge and innovation that Slovak and Hungarian manufacturing firms rely on to improve their innovative performance. To carry out our empirical analysis we used the multiple regression technique and data from the Community Innovation Survey conducted between 2010 and 2012. Our empirical analysis demonstrated divergent results for both countries. Slovak firms derived their innovation from in-house activities and other sources such as scientific journals and conferences while Hungarian firms relied on market sources such as cooperation with clients or customers from the private sector for their innovation as well as from scientific journals. However, there was a convergence in the results, manufacturing firms in both countries didn't collaborate with research institutions such as universities and other public and private research organization for their innovation. This study, therefore, proposes firms to foster closer collaboration with these research institutions since they are the birthplaces of innovation that can increase their competitiveness and innovation performance.

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Factors influencing spin-off activities at universities: empirical evidence from the United Kingdom

Abstract: Vzor citace / Citation example:AUTOR, A. Název článku. In Klímová, V., Žítek, V. (eds. )

Cited by 4 publications

References 34 publications

Firms Pursuit of Innovations Through Internationalization: A Treatment Effect Estimation

Firms Pursuit of Innovations Through Internationalization: A Treatment Effect Estimation

Do Firms R&D Collaborations with the Science System and Enterprise Group Partners Stimulate Their Product and Process Innovations?

The Influence of Knowledge Sources on Firm-Level Innovation: The Case of Slovak and Hungarian Manufacturing Firms

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