It really depends on what sort of seeds you're trying to germinate.
Some require the heat of a fire before they can germinate, some require chemical signals, which liquid smoke could theoretically supply.
But I'd be careful, food grade liquid smoke can have all sorts of food additives.
Edit; A minute searching and I found this, not read it yet. https://www.mdpi.com/2073-4395/15/4/927
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