Ways to Boost Firms' Innovation within Innovation Ecosystems: Case of European ICT Firms

Viktor Prokop, Jan Stejskal, Petr Hajek

2019

Abstract

Latest studies show that innovation ecosystems have a significant impact on the ability to innovate and the firms´ innovation absorption in different regions of the world, as well as in various industries. Therefore, the development of innovation ecosystems is at the forefront of interests of both entrepreneurs and the public sector and elected representatives. ICT firms are an important segment in all developed countries. These are firms that depend on the ability to produce innovation. Therefore, in this segment, it is possible to realize the research focused on the impact and significance of the various determinants of innovation ecosystems. The aim of this paper is to analyze the various determinants of innovation ecosystem within ICT industries in 10 European countries. It is possible to find determinants influencing ICT firms' innovations across EU countries. We have found that “information resources” and “ability to co-operate” are main determinants with the highest influence on innovation outputs (and or course on firms´ competitiveness). Knowledge transfer from academia or in-house research is also other important determinants. However, ICT firms prefer in-house research or purchasing knowledge in the open market. The results can be used for definition of political implications and for preparing public policies, including government spending programs.

Paper Citation

in Harvard Style

Prokop V., Stejskal J. and Hajek P. (2019). Ways to Boost Firms' Innovation within Innovation Ecosystems: Case of European ICT Firms.In Proceedings of the 1st International Conference on IT, Communication and Technology for Better Life - Volume 1: ICT4BL, ISBN 978-989-758-429-9, pages 22-28. DOI: 10.5220/0008928700220028

in Bibtex Style

@conference{ict4bl19,
author={Viktor Prokop and Jan Stejskal and Petr Hajek},
title={Ways to Boost Firms' Innovation within Innovation Ecosystems: Case of European ICT Firms},
booktitle={Proceedings of the 1st International Conference on IT, Communication and Technology for Better Life - Volume 1: ICT4BL,},
year={2019},
pages={22-28},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0008928700220028},
isbn={978-989-758-429-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on IT, Communication and Technology for Better Life - Volume 1: ICT4BL,
TI - Ways to Boost Firms' Innovation within Innovation Ecosystems: Case of European ICT Firms
SN - 978-989-758-429-9
AU - Prokop V.
AU - Stejskal J.
AU - Hajek P.
PY - 2019
SP - 22
EP - 28
DO - 10.5220/0008928700220028