Open Access
Article
SciPap-2071
Determinants of Knowledge Production Function: A Catalyst for Firm-Level Innovation Performance in the EU.
by
Emmanuel Ebo Arthur 1,* 
and Bernard Vanicek 2
1 Faculty of Economics and Administration, University of Pardubice, Polabiny, Pardubice 53009, Czechia
2 Faculty of Economics and Administration, University of Pardubice, Polabiny, Pardubice 53009, Czechia
* Authors to whom correspondence should be addressed.
Abstract: This study draws on the axioms of the knowledge production function and open innovation to examine the influence of publications and firm collaborations on the innovation of micro and medium-sized firms in the EU. We utilized CIS 2018 data (Eurostat), employing logistic regression methods and doubly robust treatment estimation techniques for the analysis. Our findings indicate that trade and patent publications positively influence product and market innovation. Furthermore, we ascertained that micro- and medium-sized firms in the European region enhance their innovation performance when they engage in consultations with public and private research institutions and universities rather than purchasing licensing and IPRs from these institutions. We observed evidence suggesting that central government funding positively influences the impact of firm collaboration on market method innovation. We conclude by proposing practical implications for policymakers and managers of micro- and medium-sized firms across countries in the EU.
Keywords: Trade Publications, Patent Publications, Intellectual Property Rights, Marketing Method Innovations, Government Funding
JEL classification: H - Public Economics, H5 - National Government Expenditures and Related Policies, O31 - Innovation and Invention: Processes and Incentives, O32 - Management of Technological Innovation and &, O34 - Intellectual Property and Intellectual Capital
Received: 13 September 2024 / Revised: 13 November 2024 / Accepted: 20 November 2024 / Published: 22 November 2024
