Understanding territorial innovations in European regions: Insights from radical and incremental innovative firms
Samuel Amponsah Odei,
Jan Stejskal and
Regional Science Policy & Practice, 2021, vol. 13, issue 5, 1638-1660
Innovation is widely considered to be a key driver of regional economic growth and resilience. Economic openness, research and development (R&D), public support, absorptive intensity, human capital and innovation cooperation are known to produce spill‐over effects on regional innovations and growth. Several studies within individual European countries have shown different results from these activities. The same is true for firms’ approaches to innovations (open versus closed or radical versus incremental innovation). Using the Community Innovation Survey datasets, we analysed 1,820 firms from ten European countries to assess the factors that significantly influence innovative outputs from the perspective of radical and incremental small and medium‐sized enterprises (SMEs) and large firms. The results emphasize the significance of human capital intensity, suggesting that both incremental and radical innovative firms in these regions are effective in absorbing new knowledge that improves new product development. On the other hand, surprisingly, our results contradict previous assumptions about the importance of innovation cooperation and demonstrate the lack of significance in most of the collaboration activities, signifying some extent of unviability in R&D cooperation in both radical and incremental innovating SMEs and large firms. This study has theoretical and practical implications for regional innovation policies in these regions.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:rgscpp:v:13:y:2021:i:5:p:1638-1660
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1757-7802
Access Statistics for this article
More articles in Regional Science Policy & Practice from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().