Product and Process Innovations and the Institutional Context of Transition Economies: The Effects of External Knowledge
The Multiple Dimensions of Institutional Complexity in International Business Research
ISBN: 978-1-80043-245-1, eISBN: 978-1-80043-244-4
Publication date: 4 March 2021
Abstract
In this chapter, the authors study how external knowledge contributes to the innovation results of firms in transition economies. Specifically, the authors distinguish between product and process innovations and identify the geographical origin of external knowledge – from the home country or from abroad. Theoretically, the authors discuss the innovation systems of transition economies and the effects of foreign and national external knowledge on product and process innovations in these under-researched contexts. Using a sample of firms from 19 countries from wave V of the Business Environment and Enterprise Surveys, the authors find that foreign and national external knowledge both contribute to the achievement of product and process innovations. However, the two types of external knowledge exert different effects depending on the innovation outcome analyzed. Firms in transition countries that incorporate foreign external knowledge are more likely to achieve product innovations than those that acquire national external knowledge. In contrast, both types of knowledge are equally useful for achieving process innovations.
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Acknowledgements
Acknowledgments
This project was funded by the government research agency of Spanish Ministry of Science and Innovation (PID2019-106874GB-I00/AEI/10.13039/501100011033). Authors appear in alphabetical order.
Citation
Hernández, V., Nieto, M.J. and Rodríguez, A. (2021), "Product and Process Innovations and the Institutional Context of Transition Economies: The Effects of External Knowledge", Verbeke, A., van Tulder, R., Rose, E.L. and Wei, Y. (Ed.) The Multiple Dimensions of Institutional Complexity in International Business Research (Progress in International Business Research, Vol. 15), Emerald Publishing Limited, Leeds, pp. 155-170. https://doi.org/10.1108/S1745-886220210000015010
Publisher
:Emerald Publishing Limited
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