Innovation Activities and Financial Performance: The Case of Kosovo

8 Pages Posted: 19 Nov 2018

See all articles by Hyrije Abazi-Alili

Hyrije Abazi-Alili

South East European University (SEEU)

Arbnora Latifaj

ANG&Partners, Kosovo

Shenaj Hadzimustafa

South East European University (SEEU)

Remzije Rakipi

South East European University (SEEU)

Blerta Abazi-Caushi

South East European University (SEEU)

Date Written: September 6, 2018

Abstract

This research aims at investigating the impact of innovation activities and its determinants on firm performance. The World Bank and the European Bank for Reconstruction and Development (EBRD) have conducted Business Environment Enterprise Performance Surveys (BEEPS) firm-level data in 2013-2014, which will be employed for the empirical analysis of the study. In order to investigate the determinants of firm performance, we apply multiple regression analysis and descriptive statistics on 202 companies from Kosovo. Moreover, empirical evidence results of neighbouring countries were compared to our findings for each determinant and its effect on firm performance. By investigating the innovation performance relationship, we found sufficient evidence that supports the main hypothesis. As for the innovation determinants our results indicate that factors as domestic ownership, age, and training affect the tendency of firms to innovate, thus positively affecting firm performance.

Keywords: innovation activities, firm performance, ownership structure, training

JEL Classification: O31, L25, G32, M53

Suggested Citation

Abazi-Alili, Hyrije and Latifaj, Arbnora and Hadzimustafa, Shenaj and Rakipi, Remzije and Abazi-Caushi, Blerta, Innovation Activities and Financial Performance: The Case of Kosovo (September 6, 2018). 2018 ENTRENOVA Conference Proceedings. Available at SSRN: https://ssrn.com/abstract=3283105 or http://dx.doi.org/10.2139/ssrn.3283105

Hyrije Abazi-Alili (Contact Author)

South East European University (SEEU) ( email )

Ilindenska nn
Tetovo, 1200
Macedonia

Arbnora Latifaj

ANG&Partners, Kosovo ( email )

Shenaj Hadzimustafa

South East European University (SEEU) ( email )

Ilindenska nn
Tetovo, 1200
Macedonia

Remzije Rakipi

South East European University (SEEU) ( email )

Ilindenska nn
Tetovo, 1200
Macedonia

Blerta Abazi-Caushi

South East European University (SEEU) ( email )

Ilindenska nn
Tetovo, 1200
Macedonia

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