IDEAS home Printed from https://ideas.repec.org/a/ddj/fserec/y2021p7-14.html
   My bibliography  Save this article

Exploring the Factors Hindering Innovation Projects within Romanian R&D Firms - a fsQCA Approach

Author

Listed:
  • Micu Adrian

    (Dunarea de Jos University of Galati, Romania)

  • Capatina Alexandru

    (Dunarea de Jos University of Galati, Romania)

  • Micu Angela-Eliza

    (Ovidius University of Constanta, Romania)

Abstract

Product innovations developed internally or in collaboration with other organizations had a novelty character only for the companies included in our research sample, to a greater extent than for the market or markets on which the investigated companies operate. Causal configurations of factors that favour the focus of resources on incremental innovation at internal level have a greater impact than disruptive innovation. This study aims at exploring the impact of insufficient R&D dedicated funds, lack of qualified R&D staff, inability of firms to attract external R&D funding sources, difficulties in finding innovation cooperation partners, high innovation costs) on hindering innovation projects within Romanian companies, using a configurational approach. A major contribution of this study consists of explaining the strategic solutions conceived to minimize the effects of hindering innovation projects within companies with relevant R&D activities.

Suggested Citation

  • Micu Adrian & Capatina Alexandru & Micu Angela-Eliza, 2021. "Exploring the Factors Hindering Innovation Projects within Romanian R&D Firms - a fsQCA Approach," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 7-14.
    • Handle: RePEc:ddj:fserec:y:2021:p:7-14
    as

    Download full text from publisher

    File URL: http://www.rce.feaa.ugal.ro/images/stories/RCE2021/Micu_Capatina_Micu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hölzl, Werner & Janger, Jürgen, 2014. "Distance to the frontier and the perception of innovation barriers across European countries," Research Policy, Elsevier, vol. 43(4), pages 707-725.
    2. D’Este, Pablo & Iammarino, Simona & Savona, Maria & von Tunzelmann, Nick, 2012. "What hampers innovation? Revealed barriers versus deterring barriers," Research Policy, Elsevier, vol. 41(2), pages 482-488.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jose García‐Quevedo & Elisenda Jové‐Llopis & Ester Martínez‐Ros, 2020. "Barriers to the circular economy in European small and medium‐sized firms," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2450-2464, September.
    2. Gabriele Pellegrino, 2018. "Barriers to innovation in young and mature firms," Journal of Evolutionary Economics, Springer, vol. 28(1), pages 181-206, January.
    3. Dragana Radicic, 2021. "Financial and Non-Financial Barriers to Innovation and the Degree of Radicalness," Sustainability, MDPI, vol. 13(4), pages 1-15, February.
    4. de-Oliveira, Fernando & Rodil-Marzábal, Óscar, 2019. "Structural characteristics and organizational determinants as obstacles to innovation in small developing countries," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 306-314.
    5. García-Quevedo, José & Segarra-Blasco, Agustí & Teruel, Mercedes, 2018. "Financial constraints and the failure of innovation projects," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 127-140.
    6. Jose García-Quevedo & Francisco Mas-Verdú & Gabriele Pellegrino, 2017. "What firms don’t know can hurt them: Overcoming a lack of information on technology," Working Papers 2017/19, Institut d'Economia de Barcelona (IEB).
    7. Davide Antonioli & Alberto Marzucchi & Maria Savona, 2017. "Pain shared, pain halved? Cooperation as a coping strategy for innovation barriers," The Journal of Technology Transfer, Springer, vol. 42(4), pages 841-864, August.
    8. Sandro Montresor & Antonio Vezzani, 2019. "Financial constraints and intangible investments. Do innovative and non-innovative firms differ?," JRC Working Papers on Corporate R&D and Innovation 2019-07, Joint Research Centre.
    9. Gruenhagen, Jan Henrik & Cox, Stephen & Parker, Rachel, 2022. "An actor-oriented perspective on innovation systems: Functional analysis of drivers and barriers to innovation and technology adoption in the mining sector," Technology in Society, Elsevier, vol. 68(C).
    10. Sandro Montresor & Antonio Vezzani, 2022. "Financial constraints to investing in intangibles: Do innovative and non-innovative firms differ?," The Journal of Technology Transfer, Springer, vol. 47(1), pages 1-32, February.
    11. Rajeev K. Goel & James W. Saunoris, 2022. "Foreign direct investment (FDI): friend or foe of non-innovating firms?," The Journal of Technology Transfer, Springer, vol. 47(4), pages 1162-1178, August.
    12. Zahler, Andrés & Goya, Daniel & Caamaño, Matías, 2022. "The primacy of demand and financial obstacles in hindering innovation," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    13. Gabriele Pellegrino, 2015. "Barriers to innovation: can firm age help lower them?," Working Papers 2015/3, Institut d'Economia de Barcelona (IEB).
    14. Ortiz, Rodrigo & Fernandez, Viviana, 2022. "Business perception of obstacles to innovate: Evidence from Chile with pseudo-panel data analysis," Research in International Business and Finance, Elsevier, vol. 59(C).
    15. Pavla Matulova & Petra Maresova & Mohammad Ali Tareq & Kamil Kuča, 2018. "Open Innovation Session as a Tool Supporting Innovativeness in Strategies for High-Tech Companies in the Czech Republic," Economies, MDPI, vol. 6(4), pages 1-13, December.
    16. Jaureguy, Micaela Vidal & Bianchi, Carlos & Blanchard, Pablo, 2023. "Financial and knowledge barriers to innovation: Complementary and substitution effects on innovative effort," Research Policy, Elsevier, vol. 52(7).
    17. Veronika Bumberová & František Milichovský, 2020. "Influence of Determinants on Innovations in Small KIBS Firms in the Czech Republic before COVID-19," Sustainability, MDPI, vol. 12(19), pages 1-21, September.
    18. Pinget, Amandine, 2016. "Spécificités des déterminants des innovations environnementales : une approche appliquée aux PME [Specificities of determinants for environmental innovation : an approach applied to SMEs]," MPRA Paper 80108, University Library of Munich, Germany.
    19. Perez-Alaniz, Mauricio & Lenihan, Helena & Doran, Justin & Rammer, Christian, 2024. "Subsidising innovation outside or within firms' existing knowledge base: Which is best for radical innovation?," ZEW Discussion Papers 24-007, ZEW - Leibniz Centre for European Economic Research.
    20. Amandine Pinget & Rachel Bocquet & Caroline Mothe, 2015. "Barriers to Environmental Innovation in SMEs: Empirical Evidence from French Firms," Post-Print hal-01300837, HAL.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ddj:fserec:y:2021:p:7-14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.