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

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  • Samuel Amponsah Odei
  • Jan Stejskal

Abstract

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.

Suggested Citation

  • Samuel Amponsah Odei & Jan Stejskal, 2018. "The Influence of Knowledge Sources on Firm-Level Innovation: The Case of Slovak and Hungarian Manufacturing Firms," Central European Business Review, Prague University of Economics and Business, vol. 2018(2), pages 61-74.
    • Handle: RePEc:prg:jnlcbr:v:2018:y:2018:i:2:id:199:p:61-75
    DOI: 10.18267/j.cebr.199
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    Cited by:

    1. Samuel Amponsah Odei & Jan Stejskal & Viktor Prokop, 2021. "Revisiting the Factors Driving Firms’ Innovation Performances: the Case of Visegrad Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1331-1344, September.
    2. Michael Amponsah Odei & Samuel Amponsah Odei & Petr Novak, 2020. "Demystifying the Factors Contributing to Successful Process Innovations in the Czech Automotive Industries," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 136-150.
    3. Samuel Amponsah Odei & Jan Stejskal, 2019. "Do Firms R&D Collaborations with the Science System and Enterprise Group Partners Stimulate Their Product and Process Innovations?," Economies, MDPI, vol. 7(2), pages 1-13, May.
    4. Jaroslav Vrchota & Miroslava Vlčková & Zuzana Frantíková, 2020. "Division of Enterprises and Their Strategies in Relation to Industry 4.0," Central European Business Review, Prague University of Economics and Business, vol. 2020(4), pages 27-44.

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    More about this item

    Keywords

    Innovation; knowledge; knowledge sources; innovation performance; Slovakia; Hungary;
    All these keywords.

    JEL classification:

    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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