Publication detail

Determinants of Machinery Firms´ Innovation Activity - Case Study from the Czech Republic

Authors: Prokop Viktor | Stejskal Jan

Year: 2015

Type of publication: ostatní - článek ve sborníku

Name of source: Proceedings from Congres ERSA 2015

Publisher name: European Regional Science Association (ERSA)

Place: Louvain-la-Neuve

Page from-to: 1-15

Titles:

Language	Name	Abstract	Keywords
eng	Determinants of Machinery Firms´ Innovation Activity - Case Study from the Czech Republic	The significance of innovation is supported by the fact that innovation has moved to the foreground in regional policy in the last decade and has been considered mandatory for surviving in a dynamic market environment. Therefore, innovation ranks at the top of policy agendas today, both in the fields of industrial and regional policy and among the different engines of economic growth. Nothing has received as much attention as innovation, which has been pinpointed as the fundamental driving force for economic growth and welfare as well as a key factor in competitiveness. The aim of this paper is the identification and evaluation of specific important determinants of innovative activities that influence the economic growth of enterprises in the machinery industry in the Czech Republic by using own multiple regression models. Analyzed determinants of innovative activities are (i) total turnover, (ii) R&D expenditures, acquisition of external knowledge and total innovation expenditure, (iii) significant market, (iv) membership of a group of enterprises, (v) implementation of innovated goods, (vi) public financial support.	innovation activity;case study;Czech Republik;R&D expenditures;subsidies

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