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Public Support for Innovation: Changes in Turnover of Granted Companies

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F22%3A00129182" target="_blank" >RIV/00216224:14560/22:00129182 - isvavai.cz</a>

  • Result on the web

    <a href="https://sciendo.com/article/10.2478/bsrj-2022-0008" target="_blank" >https://sciendo.com/article/10.2478/bsrj-2022-0008</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.2478/bsrj-2022-0008" target="_blank" >10.2478/bsrj-2022-0008</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Public Support for Innovation: Changes in Turnover of Granted Companies

  • Original language description

    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.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

    <a href="/en/project/GA20-03037S" target="_blank" >GA20-03037S: Towards a dynamic knowledge-based business model for open innovations</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2022

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Business Systems Research Journal

  • ISSN

    1847-8344

  • e-ISSN

    1847-9375

  • Volume of the periodical

    13

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    PL - POLAND

  • Number of pages

    18

  • Pages from-to

    120-137

  • UT code for WoS article

    000868351200008

  • EID of the result in the Scopus database

    2-s2.0-85140320657