Influence of the Selected determinants on the development of the knowledge economy - Czech case study

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F16%3A39902039" target="_blank" >RIV/00216275:25410/16:39902039 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Influence of the Selected determinants on the development of the knowledge economy - Czech case study
Original language description
Knowledge is one of the main sources of competitive advantage in periods undergoing a significant shift towards a knowledge economy. Therefore, the economic potential of each entity is determined by its ability to create, use and share knowledge. There are no standard, generally recognized methods that are able to determine the extent to which an economy is based on knowledge. Many renowned authors use patents to analyze and measure the output of the knowledge economy. The aim of this paper is to analyze the influence of selected determinants of the knowledge economy that affect its output, i.e., the number of patents in the Czech regions, by using original multiple linear regression models. Data for the analysis were obtained from the Czech Statistical Office's databases for the years 2007-2011. The results confirm the importance of the human factor during the process of patent creation. The role of increasing expenditure on research and development activities was proven to be insignificant in the Czech regions. In the Czech Republic, there is a lack of studies measuring knowledge economy and its determinants. Therefore, we provide an initial analysis of determinants influencing knowledge economy and some practical implications for policy makers.
Czech name
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Czech description
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Project
<a href="/en/project/GA14-02836S" target="_blank" >GA14-02836S: Modelling of knowledge spill-over effects in the context of regional and local development</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 11th International Scientific Conference Public Administration 2016
ISBN
978-80-7560-040-0
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
215-223
Publisher name
Univerzita Pardubice
Place of publication
Pardubice
Event location
Pardubice
Event date
Sep 22, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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