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The Influence of Socio-Cultural Factors on Knowledge-Based Innovation and the Digital Economy

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Заглавие The Influence of Socio-Cultural Factors on Knowledge-Based Innovation and the Digital Economy
 
Автор Vlasov, M.
Polbitsyn, S. N.
Olumekor, M.
Oke, A.
 
Тематика DIGITAL ECONOMY
DIGITALIZATION
KNOWLEDGE ECONOMY
KNOWLEDGE-BASED INNOVATION
REGIONS
SOCIO-CULTURE
 
Описание The knowledge economy, fostered by knowledge-based innovation, has been linked to entrepreneurial and economic success, especially in OECD countries. Studies have shown the influence of socio-cultural factors on almost every area of economic behavior. However, few studies have attempted to connect these factors to the knowledge economy. Our research bridges this gap. We investigated the impact of socio-cultural factors on knowledge-based innovation, then we also examined whether digitalization impacted knowledge-based innovation, regardless of the influence of socio-cultural factors. Using official data from Russia’s statistical office, we developed a correlation regression model using a linear graphical test and Pearson correlation. Our results show that certain socio-cultural factors significantly influenced knowledge-based innovation. We also found that digitalization could mitigate the negative effects of socio-cultural factors. Digitalization had a positive influence on knowledge-based innovation across all regions and socio-cultural characteristics. Our research provides pioneering analysis of the topic within post-Soviet economies and has huge implications for business practice, policy making, and academic research. © 2022 by the authors.
Ministry of Education and Science of the Russian Federation, Minobrnauka
Ural Federal University, UrFU
The authors gratefully acknowledge financial support from the Ministry of Science and Higher Education of the Russian Federation (Ural Federal University project within the Priority-2030 program).
 
Дата 2024-04-08T11:06:02Z
2024-04-08T11:06:02Z
2022
 
Тип Article
Journal article (info:eu-repo/semantics/article)
Published version (info:eu-repo/semantics/publishedVersion)
 
Идентификатор Vlasov, M, Polbitsyn, SN, Olumekor, M & Oke, A 2022, 'The Influence of Socio-Cultural Factors on Knowledge-Based Innovation and the Digital Economy', Journal of Open Innovation: Technology, Market, and Complexity, Том. 8, № 4, 194. https://doi.org/10.3390/joitmc8040194
Vlasov, M., Polbitsyn, S. N., Olumekor, M., & Oke, A. (2022). The Influence of Socio-Cultural Factors on Knowledge-Based Innovation and the Digital Economy. Journal of Open Innovation: Technology, Market, and Complexity, 8(4), [194]. https://doi.org/10.3390/joitmc8040194
2199-8531
Final
All Open Access; Gold Open Access; Green Open Access
https://www.mdpi.com/2199-8531/8/4/194/pdf?version=1666950806
https://www.mdpi.com/2199-8531/8/4/194/pdf?version=1666950806
http://elar.urfu.ru/handle/10995/131260
10.3390/joitmc8040194
85144740251
 
Язык en
 
Права Open access (info:eu-repo/semantics/openAccess)
cc-by-nc-nd
https://creativecommons.org/licenses/by-nc-nd/4.0/
 
Формат application/pdf
 
Издатель Multidisciplinary Digital Publishing Institute (MDPI)
 
Источник Journal of Open Innovation: Technology, Market, and Complexity
Journal of Open Innovation: Technology, Market, and Complexity