International Journal of Innovation Studies最新文献

In recent decades, with the rapid development of the knowledge economy and science, countries have embraced technical innovation and have gradually increased investment in research and development (R&D). A vast literature indicates that the relationship between R&D and firm performance is highly complex. The evidence suggests that R&D positively influences firm performance, yet findings on the process by which this happens are mixed. Rigorous analyses are required on how R&D investments affect energy consumption. This study explores the impact of R&D investment on the performance and energy consumption of 476 firms in Ethiopia by employing a combination of fixed-effect, propensity score matching, and endogenous treatment effect estimation methods. The empirical results reveal that investment in R&D positively influences both innovation and long-term financial performance but negatively impacts short-term financial performance and energy consumption. The results also show that the impacts of R&D activities vary significantly across different categories of firms, confirming that heterogeneity may be an issue among the firms considered. The results also indicate that the availability of credit is a more important moderating factor in the relationship between R&D investment and firm performance than the legal system is. These results have important implications for firms with growing R&D operations, especially those in developing countries such as Ethiopia. Ethiopian firms should invest more in R&D activities, such as in fundamental and applied research, to improve performance and enhance competitiveness.

This study aims to investigate the main factors driving technological innovation within firms in the manufacturing and service sectors of the Czech Republic. We apply a binary logistic regression model to cross-sectional data from 502 firms, obtained from the World Bank Enterprise Survey. The results of our empirical investigation show that certain elements of the business environment, such as the tax rate, serve as significant obstacles to firms’ product innovations. The results also confirm that international technological linkages—measured by international quality certificates and foreign technology licenses—affect technological innovations. Moreover, we found that internal R&D activities positively impact technological innovation across all sectors; contrarily, we found that process innovation in the manufacturing sector is positively influenced by foreign technology licenses and business association membership. Process innovations in the service sector are positively correlated with external R&D and financing from banking institutions. Finally, business association membership does not positively influence technological innovation in the service sector. Our findings have salient implications for firm managers, policymakers, and scholars aiming to explore and improve innovation outcomes in transitional economies.

Recognizing the role of society in the sustainability of payment system innovation through the quadruple helix framework, this study analyzes the causal influence of demand-side financial inclusion indicators on society's uptake of digital payment solutions (DPS) within the regional economy of the Gulf Cooperation Council. To this end, the present study relies on data extracted from Global Findex surveys (in 2014 and 2017), as well as the economic theory of random utility maximization, to model individuals' DPS uptake decisions “ceteris paribus.” The maximum likelihood estimation revealed no gender-based gradient in DPS uptake behaviors; additionally, financial inclusion indicators such as transaction account ownership and debit card ownership did not significantly influence endogenous or exogenous DPS uptake decisions between 2013 and 2017. However, all remaining financial inclusion indicators did significantly influence DPS uptake. Assessing these findings through the lens of open innovation and the ongoing efforts from the Arab Regional Payment System project, which seeks to expand financial inclusion by facilitating access to transaction accounts, there is reasonable evidence to suggest that complementary financial inclusion policies addressing the use dimension of DPS (i.e., extending access to saving and borrowing, along with digital payroll practices for both private and public enterprises) would contribute to more effective policy on financial inclusion in the region.

This study investigates the possibilities offered by the development of graphene environment technology that can contribute to new and effective approaches for the transition to an ecologically benign ecosystem. To analyze the research and development progress in graphene environment technology, graphene environment technology research trends of South Korea for the years 2009–2020 are investigated by acquiring information pertaining to national research and development projects related to graphene environment technology from the National Science and Technology Information Service. Both structured and unstructured data are analyzed using diverse text-mining methods, such as keyword frequency analysis, association rule mining, and topic modelling. The results indicate that graphene research in South Korea is focused primarily on graphene use in batteries and energy-storage devices, such as solar cells, fuel cells, and secondary batteries. This study can help understand the manner by which the South Korean government has been investing in the research and development of graphene environment technology; additionally, it discusses the future applications and prospects of graphene for the next decade.

This study aims to identify the systematic factors influencing venture capital performance in emerging technology. Emerging technologies are the driving force of contemporary economic and social development, but their technologies and markets are subject to great uncertainty. As a high-risk, high-yield investment method, venture capital plays an extremely important role in supporting technological innovation and promoting the upgrading of industrial structures. Following information processing theory, this study applies a quantitative analysis to data from 61 venture capitalists in Beijing, China using structural equation modeling (SEM). The sample firms were established since 2015 and invested mainly in emerging technology startups. The model passed the goodness-of-fit indices test and reveals that information acquisition, venture capital executives, and venture capital strategies have a positive impact on venture capital performance, and venture capital strategies played a partial mediating role.

This study draws a historical picture of conceptual linkages of innovation systems (IS) and global value chains (GVC). We used a co-citation technique to map the evolution of these two fields since 1990. We highlighted the connecting nodes over the past three decades. The first decade witnessed a connection between national innovation systems (NIS) and GVC, mediated by regional studies related to industrial clusters and district-based innovation. The tradeoff between tacit sticky local and codified transferable global knowledge and innovation and learning's importance in upgrading in GVC generated two new routes in the second decade. In the last decade, although these routes are retained, their mediating nodes have changed with the literature on technology and sustainable transition from IS and the path dependency role in the evolution of districts in global production networks. Recent trends indicate that evolutionary views on economic geography and catch-up may open new opportunities to link the two, and some lessons highlight the need for more structured interactions in the future.