Publication detail

What determines innovation in small and medium enteprises? A case study from the Czech Republic

KORÁB, V. KOUDELKOVÁ, P.

Original Title

What determines innovation in small and medium enteprises? A case study from the Czech Republic

English Title

What determines innovation in small and medium enteprises? A case study from the Czech Republic

Type

journal article in Scopus

Language

en

Original Abstract

This paper investigates the determinants of innovation in small and medium enterprises (SMEs) in the Czech Republic. This state has undergone an economic transformation and institutional change leading to the establishment of the new approaches to entrepreneurial activities and now must deal with the consequences of the global economic crisis. Our case study is based on the questionnaire research of 1144 Czech SMEs. We find a number of significant determinants for innovation: research and development, investment in technology, improving the quality of products, or participating in foreign markets. Moreover, bureaucratic obstacles for innovation and external determinants with adverse effects did not come through as important difficulties for innovative activities in SMEs.

English abstract

This paper investigates the determinants of innovation in small and medium enterprises (SMEs) in the Czech Republic. This state has undergone an economic transformation and institutional change leading to the establishment of the new approaches to entrepreneurial activities and now must deal with the consequences of the global economic crisis. Our case study is based on the questionnaire research of 1144 Czech SMEs. We find a number of significant determinants for innovation: research and development, investment in technology, improving the quality of products, or participating in foreign markets. Moreover, bureaucratic obstacles for innovation and external determinants with adverse effects did not come through as important difficulties for innovative activities in SMEs.

Keywords

Innovation, Small and Medium-sized Enterprises, Transition, Czech Republic, Economic Crisis

Released

08.07.2016

Publisher

Vilnius University, Muitines G8, Kaunas, LT-44280, Lithuania

Location

Kaunas

Pages from

78

Pages to

88

Pages count

11

URL

BibTex


@article{BUT126681,
  author="Vojtěch {Koráb} and Petra {Koudelková}",
  title="What determines innovation in small and medium enteprises? A case study from the Czech Republic",
  annote="This paper investigates the determinants of innovation in small and medium enterprises (SMEs) in the Czech Republic. This state has undergone an economic transformation and institutional change leading to the establishment of the new approaches to entrepreneurial activities and now must deal with the consequences of the global economic crisis. Our case study is based on the questionnaire research of 1144 Czech SMEs. We find a number of significant determinants for innovation: research and development, investment in technology, improving the quality of products, or participating in foreign markets. Moreover, bureaucratic obstacles for innovation and external determinants with adverse effects did not come through as important difficulties for innovative activities in SMEs.",
  address="Vilnius University, Muitines G8, Kaunas, LT-44280, Lithuania",
  chapter="126681",
  howpublished="print",
  institution="Vilnius University, Muitines G8, Kaunas, LT-44280, Lithuania",
  number="2",
  volume="15",
  year="2016",
  month="july",
  pages="78--88",
  publisher="Vilnius University, Muitines G8, Kaunas, LT-44280, Lithuania",
  type="journal article in Scopus"
}