KLÍMOVÁ, Viktorie, Vladimír ŽÍTEK and Tereza LELKOVÁ. Public Support for Innovation: Changes in Turnover of Granted Companies. Business Systems Research Journal. Warsaw: Sciendo, 2022, vol. 13, No 1, p. 120-137. ISSN 1847-8344. Available from: https://dx.doi.org/10.2478/bsrj-2022-0008.
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Basic information
Original name Public Support for Innovation: Changes in Turnover of Granted Companies
Authors KLÍMOVÁ, Viktorie (203 Czech Republic, guarantor, belonging to the institution), Vladimír ŽÍTEK (203 Czech Republic, belonging to the institution) and Tereza LELKOVÁ (203 Czech Republic, belonging to the institution).
Edition Business Systems Research Journal, Warsaw, Sciendo, 2022, 1847-8344.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50202 Applied Economics, Econometrics
Country of publisher Poland
Confidentiality degree is not subject to a state or trade secret
WWW URL
Impact factor Impact factor: 1.500
RIV identification code RIV/00216224:14560/22:00129182
Organization unit Faculty of Economics and Administration
Doi http://dx.doi.org/10.2478/bsrj-2022-0008
UT WoS 000868351200008
Keywords in English innovation; public support; turnover; enterprise; industry; region; Czech Republic
Tags International impact, Reviewed
Changed by Changed by: Mgr. Pavlína Kurková, učo 368752. Changed: 5/3/2023 16:32.
Abstract
Background: Innovation policy supports innovation in companies, as it is crucial for economic, social and environmental development. Objectives: The research aims to verify whether companies that have received public support for innovation are experiencing turnover growth. Methods/Approach: The research is carried out on the example of the Czech Innovation Programme, and the analysis included 276 projects in the manufacturing industry. The study compares the turnover of enterprises one year before receiving the aid and two years after the granting. The analysis is performed regarding the size of companies, industries and regions. Results: When the companies are assessed at the median level, the largest turnover growth was found in the category of small enterprises. Regarding industry, the largest increase was recorded in NACE sections 22, 27, 26, 29 and 30. The lowest increase in turnover was recorded for enterprises in sections 21, 23, 24 and 28. Differences in turnover growth were also observed across regions. Conclusions: Providing support for innovation contributes to the growth of turnover. A larger share of public aid should be allocated to the category of small and medium-sized enterprises and knowledge-intensive industries.
Links
GA20-03037S, research and development projectName: Návrh dynamického znalostního business modelu založeného na principech otevřených inovací
Investor: Czech Science Foundation
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