Commonalities of standards certification and research and development as enablers of firms' sustainable innovation and technological progress

dc.contributor.authorHuňady, Ján
dc.contributor.authorChyláková, Veronika
dc.date.accessioned2025-09-19T08:32:38Z
dc.date.available2025-09-19T08:32:38Z
dc.date.issued2024
dc.descriptionIn: Sustainable Technology and Entrepreneurship. Barcelona : Elsevier Spain, 2024. ISSN 2773-0328. Vol. 3, no. 3 (2024), pp. 1-10.
dc.description.abstractAdoption of international standards and investment in research and development (R&D), can be seen as two possible paths to support enterprises’ sustainable innovation and technological progress. This study argues that some aspects of R&D investment and certification to international standards are connected by identifying common factors that influence standards certification and business investment in R&D and examining the potential associations between the two. First, we examine the relationship between standards certification and R&D investments in European firms and identify enterprise characteristics that potentially affect each of the two concerns, focusing on differences and similarities. The analysis uses data from the World Bank Enterprise Surveys collected in 2018 and 2019 in selected European countries. We analyse the share and characteristics of firms that applied international standards and R&D expenditures. The probit regression results reveal a positive correlation between R&D expenditures and certification. Other factors affecting the probability of certification include size, export focus and industry. Bivariate probit regression allows us to identify common factors affecting both R&D expenditures and certification, showing significant variations between different forms of entrepreneurship. Subsidiaries of larger companies have a greater chance of being certified and investing in R&D. In contrast, sole proprietorships are significantly less active in both cases. Mentioned factors affects firms’ capabilities to develop sustainable innovation and adopt new sustainable technologies.
dc.description.sponsorshipVEGA 1/0411/24 Vplyv ekonomických nástrojov verejnej politiky na digitálnu pripravenosť podnikov APVV-20-0338 Hybné sily ekonomického rastu a prežitie firiem v šiestej K-vlne
dc.identifier.doihttps://doi.org/10.1016/j.stae.2024.100075
dc.identifier.issn2773-0328
dc.identifier.urihttps://repo.umb.sk/handle/123456789/853
dc.language.isoen
dc.publisherElsevier Spain : Barcelona
dc.rightsCC BY-NC-ND Creative Commons Attribution-NonCommercial-NoDerivatives 4.0. International
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectfirmy
dc.subjectfirms
dc.subjectinovácie
dc.subjectinnovations
dc.subjectinovačné technológie
dc.subjectinnovative technologies
dc.subjectcertifikácia
dc.subjectcertification
dc.subjectudržateľné inovácie
dc.subjectsustainable inovations
dc.titleCommonalities of standards certification and research and development as enablers of firms' sustainable innovation and technological progress
dc.typeArticle
dc.typeinfo:eu-repo/semantics/article

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