Innovation and the export performance of firms in transition economies: the relevance of the business environment and the stage of transition

Reçica, Fisnik; Hashi, Iraj; Jackson, Ian; Krasniqi, Besnik A.

doi:10.1504/ijesb.2019.104141

Cited by 19 publications

(13 citation statements)

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“…Under these conditions, owners and managers must make important decisions to ensure the prosperity, financial stability, and very existence of their businesses. According to Reçica et al (2019) and Gavurova et al (2017), crisis situations in the business environment can be eliminated through the effective application of ERM. In addition, some studies document the positive effects of risk management on increasing an enterprise's value, ensuring its competitiveness, and providing opportunities for achieving profits (Dvorský et al, 2021;Belas et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

The Perception of Market and Economic Risks by Owners and Managers of Enterprises in the V4 Countries

Hudáková¹,

Gabryšová²,

Petráková³

et al. 2021

JOC

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The aim of the paper is to assess the impact of the length of entrepreneurship on the perception of the most important business risks in Slovakia and the Visegrad Group of Countries (V4 countries). The empirical research was conducted in 2019-2020. It was focused on assessing the state of enterprise risk management (ERM) application. The research file contained 422 online questionnaires completed by owners and managers of enterprises (OMEs). The results of this case study were compared with the results of similar studies performed in the V4 countries in 2017-2018. In total, 1,781 OMEs participated in the surveys mentioned. The following statistical methods were used to assess the data: ANOVA, Bartlett’s test, Agostini test, good fit test, and Grubbs test. The overall results of the empirical research highlight the significance and importance of the assessment of business risks in the V4 countries. The results in Slovakia in 2019-2020 and the research results in the V4 countries in 2017-2018 show that OMEs still consider market and economic risks to be most important in their business. Market and economic risks are related to sources that exert the most negative influence on enterprise success. The results are valuable for entrepreneurs, enterprise managers and institutions that provide comprehensive entrepreneurship support in the V4 countries. The overall results are significant at the regional, national, and international levels of the V4 countries and have the ability to strengthen the competitiveness of entrepreneurs within the EU common market.

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Section: Introductionmentioning

confidence: 99%

The Perception of Market and Economic Risks by Owners and Managers of Enterprises in the V4 Countries

Hudáková¹,

Gabryšová²,

Petráková³

et al. 2021

JOC

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“…Therefore, the current study contributes significantly by offering a comprehensive moderating framework of the institutional environment in relation to breakthrough innovations–export performance link. Second, the current study contributes to the existing body of knowledge, which contends that innovation practices help firms in enhancing export performance ( Azar and Ciabuschi, 2017 ; Silva et al, 2017 ; Tavassoli, 2018 ; Reçica et al, 2019 ; Edeh et al, 2020 ; Enjolras et al, 2020 ; Wu et al, 2021 ). Here, drawing on the dynamic capability theory, we demonstrate that breakthrough innovations in terms of tech- and market-based innovations are positively associated with the export performance of SMEs in a developing country.…”

Section: Discussionmentioning

confidence: 85%

“…The dynamic capability-based view has been employed previously to describe many organizational processes and outputs, including innovation capabilities ( Schoemaker et al, 2018 ; Ferreira et al, 2020 ), cognitive processes ( Easterby-Smith et al, 2009 ), and firms’ decision regarding internationalization ( Arikan et al, 2019 ). Considering these tenets of dynamic capabilities and the extant research about the influence of innovation on internationalization ( Lewandowska et al, 2016 ; Tavassoli, 2018 ; Reçica et al, 2019 ; Edeh et al, 2020 ; Enjolras et al, 2020 ; Wu et al, 2021 ), the current study conceptualizes breakthrough innovations as firms’ capabilities, enabling SMEs’ to enhance their export performance. Hence, we may assume that dynamic capability offers sound theoretical support to explain the influence of breakthrough innovation on international performance.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

“…For instance, researchers have argued that formulating new technological strategies and adopting present ones are critical for firms’ productivity and the knowledge economy ( Wamboye et al, 2015 ; Wong, 2015 ; Schniederjans, 2017 ). Particularly, scholars are giving much intention to the influence of innovation on export performance ( Azar and Ciabuschi, 2017 ; Silva et al, 2017 ; Tavassoli, 2018 ; Wadho and Chaudhry, 2018 ; Reçica et al, 2019 ; Edeh et al, 2020 ; Enjolras et al, 2020 ; Wu et al, 2021 ). However, few have examined the link between breakthrough innovations and export performance (e.g., Silva et al, 2017 ).…”

Section: Introductionmentioning

confidence: 99%

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The Impact of Breakthrough Innovations on the Export Performance of SMEs in Developing Countries: The Moderating Role of Institutional Factors

et al. 2022

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Although few studies examine the implications of breakthrough innovations in the exporting context, we have little understanding about how contingent factors in the developing countries shape the breakthrough innovations–export performance link. Thus, this study aims at examining the impact of breakthrough innovations (i.e., technology-based innovations and market-based innovations) on the export performance of SMEs in developing countries, while studying the role of contingent factors, i.e., institutional environment specificity and enforceability. The data were collected from a sample of 410 SMEs in Pakistan. Hypotheses were tested through structural equation modeling in AMOS 20. The results reveal that both technology-based and market-based innovations have a positive impact on the export performance of SMEs in terms of strategic export performance and economic export performance. Second, institutional environment specificity and enforceability enhance the impact of breakthrough innovations on the export performance of SMEs.

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“…Furthermore, the existing studies related to demographics characteristics focused more on firm characteristics rather than managerial characteristics. In addition, the studies are oriented towards export performance (Gashi et al, 2014;Cieslik et al, 2015;Aralica et al, 2018;Recica et al, 2019;Vitezic et al, 2018). Therefore, the relationship between demographic factors and export barriers is limited and signifies there is a gap for more research to be done in this area.…”

Section: Introductionmentioning

confidence: 99%

The impact of managerial and firm characteristics on barriers in export businesses

Kuppusamy¹,

Anantharaman²

2021

Int. j. adv. appl. sci.

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The growth of export in many countries all over the world signifies it as the most important mode of internationalization. However, some exporters face difficulties in managing export due to the barriers they face. It is, therefore, important to identify the factors that might influence export barriers. The study attempts to identify the relationship between demographic factors and export barriers which has not been much researched. Demographic factors are represented by managerial or executives’ characteristics as well as firm characteristics. A cross-sectional survey was conducted where a total of one thousand and four hundred and thirty-nine questionnaires were sent to the exporters. The respondents include executives who were in charge of exporting. Two hundred and twelve responses were found to be usable which formed the basis for the analysis. The response rate was 14.9%. The export barriers include marketing barriers, financial barriers, government barriers, informational barriers, administrative barriers, production barriers, and external barriers. Correlation analysis was used to conduct the analysis and it is found that age of executives, age of firms, size of firms, and export experience of firms have a negative relationship with some of the export barriers. On the other hand, there was no relationship between the employee experience and export barriers. This finding contributes to the limited knowledge on the relationship between demographic characteristics with export barriers. Thus, it provides support for the resource-based view. From a practical perspective, it essential for business to accumulate knowledge, expertise and experience in order to reduce the export barriers.

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Innovation and the export performance of firms in transition economies: the relevance of the business environment and the stage of transition

Cited by 19 publications

References 0 publications

The Perception of Market and Economic Risks by Owners and Managers of Enterprises in the V4 Countries

The Perception of Market and Economic Risks by Owners and Managers of Enterprises in the V4 Countries

The Impact of Breakthrough Innovations on the Export Performance of SMEs in Developing Countries: The Moderating Role of Institutional Factors

The impact of managerial and firm characteristics on barriers in export businesses

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