Innovation and business performance determinants of SMEs in the Adriatic region that introduced social innovation

Journal Title: Economic Research-Ekonomska Istraživanja - Year 2016, Vol 29, Issue 1

Abstract

The objective of this study is to investigate innovation and business performance determinants of Small and Medium Enterprises (SMEs) located in the Adriatic region that introduced social innovation and to compare these SMEs with SMEs that did not introduce social innovation or did not innovate at all. This research is a part of wider research on innovation in the Adriatic Region conducted as part of the EU-funded project PACINNO. The results show that social innovators perceive their business performance to be higher than their competitors and are exporting significantly more than other firms. This study contributes to the under-researched area of social innovation in the Adriatic Region with quantitative empirical results. In addition, the results can serve as guidelines for policy makers and other stakeholders, particularly in the field of social innovation.

Authors and Affiliations

Marta Begonja, Filip Čićek, Bernardo Balboni, Ani Gerbin

Keywords

Related Articles

Electricity consumption, economic growth, urbanisation and trade nexus: empirical evidence from Iceland

This study empirically investigates the relationship between economic growth, electricity consumption, trade and urbanisation in Iceland, covering the period 1965–2013. The A.R.D.L. bounds testing approach to co-integrat...

The influence of emotional confidence on brand attitude: using brand belief as mediating variable

The direct influence of emotional responses on thinking is firmly established in the literature. The assumption that emotion has primacy over cognition challenges conventional wisdom that both attitude and confidence are...

Domestic and cross-border returns to bidders in acquisitions into the E.U.

The article analyses shareholders returns of acquiring banks in the United Kingdom (U.K.) i.e., when U.K. banks acquire domestic banks and when U.K. banks acquire cross-border banks within the European Union (E.U.). The...

‘Guaranteed lowest prices: do they facilitate collusion?’: Revisited

We examine the effect of guaranteed lowest price clauses (G.L.P.). First, we correct the proof of Logan and Lutter’s main result that it is the unique equilibrium outcome for firms adopting G.L.P. to charge collusive pri...

Economic crisis, women entrepreneurs and bank loans: some empirical evidence from Italy

This paper presents the main findings from an empirical research project, whose aim was to answer the following research questions: (1)Did men and women entrepreneurs ask for new bank loans during the crisis? (2) Did the...

Download PDF file
  • EP ID EP203926
  • DOI 10.1080/1331677X.2016.1213651
  • Views 82
  • Downloads 0

How To Cite

Marta Begonja, Filip Čićek, Bernardo Balboni, Ani Gerbin (2016). Innovation and business performance determinants of SMEs in the Adriatic region that introduced social innovation. Economic Research-Ekonomska Istraživanja, 29(1), 1136-1149. https://europub.co.uk/articles/-A-203926