Determinants of innovative potential of SMEs in the period of the Covid-19 pandemic

• Autorzy: Seroka-Stolka Oksana , Kokot Bartosz

Identyfikatory

DOI

10.29119/1641-3466.2023.168.29

• Języki publikacji: EN

Abstrakty

EN

Purpose: The objective of the paper is to assess the degree of influence of determinants from the environment and the internal environment of SMEs on the growth of their innovation potential (IP) and to verify the moderating effect of the cooperation with external actors and financial condition on the relationship between the influence of external and internal determinants on the innovation potential of the investigated enterprises during the COVID-19 pandemic. Design/methodology/approach: To achieve the paper’s objective regression analysis has been applied. Findings: The paper presents the results of empirical research conducted among Polish SMEs during the pandemic period in 2021. The results reveal that financial condition constitutes a significant moderator of the relationship between determinants coming from the company's environment and their level of SME innovation potential. Furthermore, it has been demonstrated that cooperation with entities responsible for helping to implement innovation significantly moderates the relationship between the influence of determinants coming from the internal environment of SMEs and their innovation potential. It has been also found, on the basis of a multivariate regression model, that among external determinants the strongest predictors of IP growth were socio-cultural and demographic factors, and among internal determinants: the quality management sphere and the financial sphere of the surveyed SMEs. Research limitations/implications: The main limitation of the conducted research is the impact of the pandemic conditions and also the location of the investigated SMEs in the region of the Lower Silesian Voivodship. Practical implications: The paper provides practical knowledge regarding the determinants of acting in the conditions related to a pandemic crisis. Originality/value: The paper provides new knowledge, analyses the external conditions and the internal environment of SMEs during the COVID-19 pandemic in the region, which is known as one of the most innovative in Poland. The research is addressed to research scholars, business pretensioners and policy makers of innovative policy.

Słowa kluczowe

EN

innovation potential; measurement; enterprise; SME sector

• Wydawca: Wydawnictwo Politechniki Śląskiej
• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2023
• Tom: z. 168
• Strony: 423--439
• Opis fizyczny: Bibliogr. 48 poz.

Twórcy

autor

Seroka-Stolka Oksana

• Częstochowa University of Technology

• https://orcid.org/0000-0003-2044-4875

autor

Kokot Bartosz

• https://orcid.org/0000-0002-4155-8110

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