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Scientific paper - Original scientific paper
Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach
Technovation, 110 (2022), 1; 1-10. https://doi.org/10.1016/j.technovation.2021.102365
Miočević, Dario; Arslanagić-Kalajdžić, Maja; Kadić-Maglajlić, Selma

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Miočević, D., Arslanagić Kalajdžić, M. & Kadić Maglajlić, S. (2022). Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach. Technovation, 110. (1), 1-10. doi: 10.1016/j.technovation.2021.102365

Miočević, Dario, et al. "Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach." Technovation, vol. 110, no. 1, 2022, pp. 1-10. https://doi.org/10.1016/j.technovation.2021.102365

Miočević, Dario, Maja Arslanagić Kalajdžić and Selma Kadić Maglajlić. "Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach." Technovation 110, no. 1 (2022): 1-10. https://doi.org/10.1016/j.technovation.2021.102365

Miočević, D., Arslanagić Kalajdžić, M. and Kadić Maglajlić, S. (2022) 'Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach', Technovation, 110(1), pp. 1-10. doi: 10.1016/j.technovation.2021.102365

Miočević D, Arslanagić Kalajdžić M, Kadić Maglajlić S. Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach. Technovation [Internet]. 2022 [cited 2024 August 20];110(1):1-10. doi: 10.1016/j.technovation.2021.102365

D. Miočević, M. Arslanagić Kalajdžić and S. Kadić Maglajlić, "Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach", Technovation, vol. 110, no. 1, pp. 1-10, 2022. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:124:258244. [Accessed: 20 August 2024]

Metadata
Title (english)Competition from informal firms and product innovation in EU candidate countries: A bounded rationality approach
AuthorDario Miočević
AuthorMaja Arslanagić-Kalajdžić
AuthorSelma Kadić-Maglajlić
Author's institutionUniversity of Split
Faculty of economics Split
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
This study extends the literature that has investigated firms’ readiness to confront competition from informal (unregistered) firms by responding through intensified product innovation activities. Drawing on the bounded rationality perspective, we unravel new insights into the relationship between the threat from informal competitors and product innovation by identifying two external contingencies (intellectual property rights protection and regulatory quality) and two internal contingencies (export intensity and top manager’s sector experience). In this way, the study acknowledges the immense differences that exist across developing markets, focusing on postcommunist societies characterized with a medium level of economic development, limited market size, and weak institutional development. An empirical prototype of this type of context is exemplified in EU candidate countries. Therefore, our model estimates the effect of the threat from informal competitors on product innovation by testing firm-level data from five countries with EU candidate status. Our findings show that direct and positive relationship between the threat from informal competitors and product innovation is strengthened when: 1) intellectual property rights protection is weaker, 2) regulatory quality is higher, 3) the firm is an intesive exporter, and 4) the firm’s top managers have less experience.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleTechnovation
Numberingvol. 110, no. 1, pp. 1-10
p-ISSN0166-4972
e-ISSN1879-2383
DOIhttps://doi.org/10.1016/j.technovation.2021.102365
URN:NBNurn:nbn:hr:124:258244
Publication2022
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2024-07-17 15:06:30