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
ISBN
1648-4460
Periodical
Transformations in Business&Economics
Year of study
15
Number
2
State
LT
Pages from
78
Pages to
88
Pages count
11
URL
Documents
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"
}