Innovations in small businesses: do public procurement contracts and intellectual property rights matter?

ABSTRACT: Small and Medium Scale Enterprises (SMEs) are known to drive innovations, economic growth, and job creation. Numerous studies have analysed small businesses' innovations using new products and processes, with indicators such as funding, innovation activities, and collaborations. However, other vital determinants such as public procurement contracts and intellectual property rights protections capable of influencing innovations have not received enough scholarly attention, especially in the context of Central European countries. This paper aims to examine whether public procurement contracts, market orientations, public subsidies, intellectual property rights, and other firm characteristics shape small businesses' innovation outcomes in the Czech Republic. The results based on a cross-secti

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PROVIDER: S-EPMC9513779 | biostudies-literature | 2022 Sep

REPOSITORIES: biostudies-literature