Innovation through Collaboration1

Abstract

What types of market cooperation are essential for developing innovations? Is collaboration with other enterprises, clients or competitors worth it? Actual research and public debate reveal the range of the issue, whereas the subject of policies motivating private entities to create innovations is key for the national and international programs for boosting innovativeness of economies. The aim of the paper is to review the sphere of relevance of different types of market collaboration for innovativeness and to verify as well as compare their importance in European countries empirically, by applying econometric techniques. The results suggest the positive effect of cooperation on various kinds of innovation activities.