Technological Innovativeness and Firm Performance in Slovenia and Romania

Abstract

This study contributes to a better understanding of performance induced by technological innovativeness by developing and testing a model. The model clarifies the nature of the influence of technological innovativeness and its organisational and inter-organisational antecedents (organisational support for innovativeness and technological alliances) on firm growth, profitability and wealth creation. Survey data were collected from firms in two countries: Slovenia and Romania; structural equation modelling was employed to test the model and the hypothesised relationships. Support for most of the model hypotheses was found. Among the control elements in the model, country, industry technological opportunities and firm age were found to be the most influential.

Additional information

Notes on contributors

Bostjan Antoncic

Bostjan Antoncic, University of Primorska Faculty of Management, Cankarjeva 5, SI-6000 Koper, Slovenia. [email protected].

Igor Prodan

Igor Prodan, Regional Technological Centre Zasavje, Grajska pot 10, SI-1430 Hrastnik, Slovenia. [email protected]

Robert D. Hisrich

Robert D. Hisrich, Thunderbird, The Garvin School of International Management, 15249 North 59th Avenue, Glendale, AZ 85306-6000, USA. [email protected]

Cezar Scarlat

Cezar Scarlat, University Politechnica of Bucharest, Department of Industrial Management, 313, Splaiul Independentei, BN Building, 77206 Bucharest, Romania. [email protected].