Comparison of the Trends in the Factors of Financial Performance of Companies in Czech Clusters

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F20%3A00008207" target="_blank" >RIV/46747885:24310/20:00008207 - isvavai.cz</a>

Result on the web

<a href="https://www.narodacek.cz/wp-content/uploads/2021/01/Proceedings-of-the-International-Scientific-Conference_2020_PRIGO_University.pdf" target="_blank" >https://www.narodacek.cz/wp-content/uploads/2021/01/Proceedings-of-the-International-Scientific-Conference_2020_PRIGO_University.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Comparison of the Trends in the Factors of Financial Performance of Companies in Czech Clusters

Original language description

This paper deals with the effect of clusters on trends in the financial performance of companies in seven different industries (automotive, engineering, IT, furniture, nanotechnology, packaging, textile). The companies were divided into three groups – members of cluster organisations, non-members operating in the same region, and others. Changes in companies’ performance were measured using the Malmquist index based on distance functions, the values of which were obtained using Data Envelopment Analysis (DEA). The overall change in performance was decomposed into technical efficiency change – including pure technical efficiency change and scale efficiency change – and technological change. The companies’ own equity and liabilities were used as DEA inputs; revenues gained from their own products and services and economic value added were used at the outputs. The results of the research show that the effects of clustering on performance are only partial and are felt differently in different industries. There was only one industry (nanotechnology) where clustering was found to have no effect on any component of performance. In four industries (automotive, furniture, packaging, IT), companies in cluster organisations were found to enjoy faster technological progress. In the engineering and textile industries, a positive impact on scale efficiency was found.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50203 - Industrial relations

Project

<a href="/en/project/GA18-01144S" target="_blank" >GA18-01144S: An empirical study of the existence of clusters and their effect on the performance of member enterprises</a><br>

Continuities

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

Publication year

2020

Confidentiality

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

Article name in the collection

Proceedings of the International Scientific Conference ECONOMIC AND SOCIAL POLICY

ISBN

978-80-87291-27-6

ISSN

2571-1776

e-ISSN

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Number of pages

19

Pages from-to

424-442

Publisher name

Vysoká škola PRIGO

Place of publication

Ostrava

Event location

Trojanovice

Event date

Jan 1, 2020

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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