“Innovation Activities andFinancialPerformance: The Case of Kosovo”
Journal Title: IOSR Journal of Economics and Finance (IOSR-JEF) - Year 2018, Vol 9, Issue 4
Abstract
The aim of this thesis is to investigate the impact of innovation activities and its determinants on the firm performance. For the purpose of empirical analysis, we used Business Environment Enterprise Performance Surveys (BEEPS) firm-level data, conducted by the World Bank and the European Bank for Reconstruction and Development (EBRD) in 2013-2014. To examine the relationship between innovation activities and its determinants to the firm performance, we applied multiple regression analysis and descriptive statistics that gave us clear insights on the topic. Moreover, empirical evidence results of neighboring countries were compared to our findings for each determinant and its effect on firm performance. By investigating the innovation-performance relationship, we found sufficient evidence which supports the main hypothesis. As for the innovation determinants our results indicate that factors as domestic ownership, age, and training affect the tendency of firms to innovate, thus positively affecting firm performance.
Authors and Affiliations
Shpresa Syla
Keywords
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