Relationship Between Cultural Diversity and Innovation Performance in European Union Countries
Lavi, Miro (2019)
Lavi, Miro
2019
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2019052913244
https://urn.fi/URN:NBN:fi:amk-2019052913244
Tiivistelmä
This study explores the cultural diversity and innovation performance among the 28 European member countries. The study was conducted with three goals in mind. The first one was to identify whether there was an existing linear relationship between the countries’ cultural diversity and innovation indicators. The second goal was to examine if there was a linear relationship between the changes in cultural diversity and the changes in the innovation indicators over time. The third goal was to investigate if foreigners’ different occupational groups had a linear relationship to innovation performance.
This study is divided into two sections: theoretical and empirical. The theoretical part of the study consists of two parts, in which the terms innovation and cultural diversity are introduced and discussed. The empirical part demonstrates the results, which are divided into the descriptive statistics and the correlation analyses.
The data used in the study were comprehensively collected from secondary sources: the databases of Eurostat and Statistics Finland. The study was conducted using quantitative methods and the analyses were performed by IBM SPSS version 25.
The results of the study identified a moderate positive correlation between greater cultural diversity and better innovation performance. In addition, change in cultural diversity and change in the “in-house” innovations of the small and medium-sized enterprises indicated a very weak positive correlation between 2010 and 2016. The results were statistically significant. Concerning the foreigners’ occupational groups and innovation performance, the results identified a strong positive correlation among the relative change of foreign managers and increase in intellectual properties. However, the P-value was too high, which made this result statistically insignificant.
This study is divided into two sections: theoretical and empirical. The theoretical part of the study consists of two parts, in which the terms innovation and cultural diversity are introduced and discussed. The empirical part demonstrates the results, which are divided into the descriptive statistics and the correlation analyses.
The data used in the study were comprehensively collected from secondary sources: the databases of Eurostat and Statistics Finland. The study was conducted using quantitative methods and the analyses were performed by IBM SPSS version 25.
The results of the study identified a moderate positive correlation between greater cultural diversity and better innovation performance. In addition, change in cultural diversity and change in the “in-house” innovations of the small and medium-sized enterprises indicated a very weak positive correlation between 2010 and 2016. The results were statistically significant. Concerning the foreigners’ occupational groups and innovation performance, the results identified a strong positive correlation among the relative change of foreign managers and increase in intellectual properties. However, the P-value was too high, which made this result statistically insignificant.