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Relationship between Innovation & Technology and Internationalization: Cluster Analysis in Europe and Central Asia

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Business competition is increasingly based on innovation (Freeman & Soete, 2007) and the literature on innovation suggests that technological and organizational innovation individually boosts the company's performance (Damanpour & Aravind, 2012), including international performance (Donbesuur et al., 2020). In this sense, this study aims to analyze how companies in Europe and Central Asia group in clusters according to the relationship between Innovation & Technology and the Internationalization of companies. To achieve the proposed objective, the statistical cluster analysis technique was applied, using SPSS, to a sample of 30 economies in Europe and Central Asia extracted from The World Bank – Enterprise Surveys database. The results of the study suggest that the economies with the greatest Innovation & Technology are also the economies with the greatest Internationalization. This study presents as an implication a better understanding of the relationship between Innovation & Technology and Internationalization in terms of clusters.

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Comunicação na Regional Helix '21 International Conference on Territorial Dimensions of Green and Digital Transitions - Lamego, Portugal 28-30 October 2021

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Innovation & Technology Internationalization

Citation

José Pereira, Aldina Correia and Vítor Braga Relationship between Innovation & Technology and Internationalization: Cluster Analysis in Europe and Central Asia, Regional Helix '21 International Conference on Territorial Dimensions of Green and Digital Transitions - Lamego, Portugal 28-30 October 2021

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