Publication detail

Influence of Determinants on Innovations in Small KIBS Firms in the Czech Republic before COVID-19

BUMBEROVÁ, V. MILICHOVSKÝ, F.

Original Title

Influence of Determinants on Innovations in Small KIBS Firms in the Czech Republic before COVID-19

Type

journal article in Web of Science

Language

English

Original Abstract

There is still a lack of empirical evidence prevalent about innovation in knowledge-intensive business services (KIBS), and more particular, about determinants of innovations in small firms to sustain their future development. Studies in this area suggest that different determinants will affect different forms of innovation outputs of KIBS. This paper investigates the direction and the significance of these influences on propensity to innovate. The empirical evidence is based on quantitative and firm-level data gathered through an email questionnaire, which yielded 128 qualified responses from small KIBS in the Czech Republic. The analysis is based on binary logistic regression to identify the effects of determinants on the propensity to innovate. In addition to the consistent results produced by studies in this area, we found reverse relationships between innovation and selected determinants. Negatively evolving knowledge (especially lack of qualified employees) and market determinants (lack of information about the market), positively stimulated small KIBS towards the propensity to introduce organizational innovations (structural and human resources practices), followed by increasing intensity of competition positively related to introducing a new service to the firm (especially t-KIBS) and insufficient availability of business partners increasing the marketing efforts. It's evident that some negatively evolving determinants perform as incentives or driving forces to specific types of innovations. The results of this study could also be useful for owners and managers in KIBS firms engaging in innovation activities and government support, or incentivize the propensity to innovate.

Keywords

knowledge-intensive business services; determinants of innovations; small business; regression; survey; sustainable development

Authors

BUMBEROVÁ, V.; MILICHOVSKÝ, F.

Released

23. 9. 2020

Publisher

MDPI

Location

Basel, Switzerland

ISBN

2071-1050

Periodical

Sustainability

Year of study

12

Number

19

State

Swiss Confederation

Pages from

1

Pages to

21

Pages count

21

URL

https://www.mdpi.com/2071-1050/12/19/7856

Full text in the Digital Library

http://hdl.handle.net/11012/195715

BibTex

@article{BUT165369,
  author="Veronika {Bumberová} and František {Milichovský}",
  title="Influence of Determinants on Innovations in Small KIBS Firms in the Czech Republic before COVID-19",
  journal="Sustainability",
  year="2020",
  volume="12",
  number="19",
  pages="1--21",
  doi="10.3390/su12197856",
  issn="2071-1050",
  url="https://www.mdpi.com/2071-1050/12/19/7856"
}