Catholic University in Ruzomberok (Slovakia)
Catholic University in Ruzomberok (Slovakia)
Slovak University of Agriculture in Nitra (Slovakia)
State Agrarian University of Moldova (Moldova)
In the last decades, the word ‘innovation’ can be heard more and more on the entrepreneurial side. It has a crucial role in satisfying the customers, competition with other companies, and increasing the turnover of the enterprises. SMEs economic performance is directly affecting the national budget. Still, there is not a precise method of assessing and improving the innovation process at neither firm nor national level. The paper aims to analyse the current innovative performance of Moldovan SMEs. The analysis will explore factors affecting enterprise innovation. It will determine how the existing innovation ecosystem affects the one in an enterprise, and what methods should be applied to improve innovation as well as the ecosystem. To gain insight, the study conducted an email survey of 150 companies, which were the object for research in the Republic of Moldova. The primary purpose of the study is to emphasise the importance of innovation issues related to increasing SMEs competitiveness, in connection with presenting the theoretical aspects in the field, proving basic concepts and quantifying them in the study of innovation as well as various forms, types and factors influencing innovative organisations. The objective of these enterprise questionnaires is to accumulate substantial and reliable information that is significant to responding to the fundamental research questions. Methodological tools of the research methods were the tools for statistical analysis based on using primary data from the questionnaire research. The reference period for statistical research was 2013 and 2017. The author collected the data between August and September 2018 based on questionnaires filled in on paper or sent through the email by the enterprises included in the research. The results of the study provide the following insights: product innovation is the primary innovation type among Moldovan SMEs; the country lacks financial resources for innovation support. Also, Moldova’s weak innovation ecosystem and lack of highly qualified workers slow down the development of enterprises. At the end of the thesis, the several recommendations for enterprise managers as well as high-level government organisations were provided.
Keywords: ecosystems, entrepreneurs, innovation, small and medium-sized enterprises, SMEs, Moldova.
JEL Classification: O2, O3, Q56, Q57.
Cite as: Ubreziova, I., Diacikova, A., Sokil, O., & Apostol, S. (2020). Innovation ecosystems for the Moldovan small and medium-sized enterprises. Marketing and Management of Innovations, 2, 298-312. https://doi.org/10.21272/mmi.2020.2-22
This work is licensed under a Creative Commons Attribution 4.0 International License
- Basso, A. (2018). Startup Innovation Ecosystems in Southern Europe, European Commission, Brussels, JRC113872. pp.4-6.
- Cernei, G. (2011). National Innovation Strategy of Moldova 2012-2020. Retrieved from https://slideplayer.com/slide/7415384/
- Cherroun, R. (2014). Product innovation and the competitive advantage. European Scientific Journal, 1, special edition, 140-157.
- Chladkova, H., Formankova, S. (2016). Strategy for SMEs in the area of primary agricultural production. Agricultural Economics, 62(9), 395-406. [Google Scholar] [CrossRef]
- Disruptive and sustaining innovation. (2018). Retrieved from https://www2.deloitte.com/il/en/pages/innovation/article/disruptive_vs_sustaining.html
- European Comission (EC) (2006). Green paper on innovation. Retrieved from https://europa.eu/documents/comm/green_papers/pdf/com2006_105_en.pdf
- Fila, M., Kucera, J. (2015). Sucasny stav inovacnej vykonnosti Slovenska a slovenskych MSP. Produktivita a inovacie, 16 (2), 25-30. [Google Scholar]
- Halasi, D., Schwarcz, P., Mura, L., & Rohacikova, O. (2019). The impact of EU support resources on business success of family-owned businesses. Potravinarstvo Slovak Journal of Food Sciences, 13(1), 846-853. [Google Scholar] [CrossRef]
- Jackson, D. J. (2019). What is an innovation ecosystem? National Science Foundation. 1(2). [Google Scholar]
- Janoskova, M., Palascakova. D. (2018). Corporate social responsibility as a strategic goal in business: A case study.Corporate Social Responsibility (CSR): Practices, Issues and Global Perspectives. New York: Nova Science Publishers.
- Jiao, H., Zhou, J., Gao, T., & Liu, X. (2016). The more interactions the better? The moderating effect of the interaction between local producers and users of knowledge on the relationship between R&D investment and regional innovation systems. Technological Forecasting and Social Change, 110, 13-20. [Google Scholar] [CrossRef]
- Kljucnikov, A., Civelek, M., Krajcik, V., & Kmeco, L. (2020). Innovations in Tourism Marketing: Sharing Economy Platform. Marketing and Management of Innovations, 1, 11-25. [Google Scholar][CrossRef]
- Koellinger, P. (2008). Why are some entrepreneurs more innovative than others? Small Business Economics, 31 (1), 21-37. [Google Scholar] [CrossRef]
- Madzik, P. (2019). Capture and evaluation of innovative ideas in early stages of product development. The TQM Journal, 31(6). 908-927. [Google Scholar] [CrossRef]
- McGrath, R. G. (2012). A brief history of inventing innovation. Harvard Business Review. Retrieved from https://hbr.org/2012/10/a-brief-history-of-inventing-innovation
- Mihalcova, B., Gallo, P., & Lukac., J. (2020). Management of Innovations in Finance Education: Cluster Analysis for OECD Countries. Marketing and Management of Innovations, 1, 235-244. [Google Scholar] [CrossRef]
- Mura, L. (2017). Current situation in Family Businesses. Managerial trends in the development of enterprises in globalisation era. Nitra: Slovak University of Agriculture in Nitra, 178-185.
- Nacu, C.M., Avasilca, S. (2015). A Model of Technological Innovation Process. Managing Intellectual Capital Innovation for Sustainable and Inclusive Society. pp.1783-1790
- Obtulovic, P. (2004). Biostatistika (Biostatistics). Nitra, SUA
- OECD. (2005). The Measurement of Scientific and Technological Activities. Guidelines for Collecting and Interpreting Innovation Data: Oslo Manual. 3rd ed. Retrieved from http://www.oecd.org/science/inno/2367614.pdf
- Pitekova, J., & Vrablikova,M. (2019). Benchmarking of Slovak Regions in Terms of Start-UP Implementation and Creative Potential Indicators. Marketing and Management of Innovations, 4, 50-68. [Google Scholar] [CrossRef]
- Reiljan, J., & Paltser, I. (2015). The role of innovation policy in the national innovation system: the case of Estonia. Trames: A Journal of the Humanities and Social Sciences, 19(3), 249. [Google Scholar] [CrossRef]
- Schwab, K. (2018). WORLD ECONOMIC FORUM. The Global Competitiveness Report. Retrieved from http://www.cdi.org.pe/pdf/IGC/2018/The_Global_Competitiveness_Report_2018.pdf
- Selman, J. (2002). Leadership and innovation: Relating to circumstances and change. Innovation Journal, 7(3). 1-9. [Google Scholar]
- Stratan, A., Novac, A., & Maier, L. (2018). Innovation Policy in the Republic of Moldova and Its Impact on the Business Development. [Google Scholar]
- The Smart Guide to Service Innovation. (2014). Publications Office of the EU. Retrieved from https://op.europa.eu/en/publication-detail/-/publication/0cc79ba3-98ec-478f-a0b1-3e4e37bbf7d7/language-en
- Tohidi, H., & Jabbari, M. M. (2012). The important of Innovation and its Crucial Role in Growth, Survival and Success of Organisations.Procedia Technology, 1, 535-538. [Google Scholar] [CrossRef]
- Ubreziova, A., & Horska, E. (2011). Perception and Approach towards Corporate Social Responsibility in SMEs: Case Study of Slovak and Czech Republic. In: PEFnet 2011 European Scientific Conference of Ph.D. Students, Brno, (pp. 1-7). [Google Scholar]
- Ubreziova, I., Horska, E., Moravcíkova, K. & Ubreziova, A. (2015). Globalisation and local alternative economic systems: the case of the Slovak Republic. In International scientific conference Rural Development 2017. [Google Scholar] [CrossRef]
- Ubreziova, I., Wach, K. & Horvathova, J. (2008). Entrepreneurship in small and medium-sized enterprises: Comparative study between Slovakia and Poland for the years 2001-2007. AgriculturalEconomic, 54(8), 358-366. [Google Scholar]