Innovations in SME segment: Important Factors and Differences in The Approach by Size and Age of the Company

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F18%3A63519721" target="_blank" >RIV/70883521:28120/18:63519721 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/61384399:31130/18:00053211

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Innovations in SME segment: Important Factors and Differences in The Approach by Size and Age of the Company

Popis výsledku v původním jazyce

Innovations are an important part of business activities, because of their impact on the market position and financial performance of enterprises. Furthermore, they help keep existing companies in a growing competitive environment. The aim of the article is to define and quantify significant factors which determine inclination to innovations in the segment of SMEs. In this context, empirical research in the Slovak economic environment was realized. The total number of respondents in this research was the 529. Pearson’s statistic and regression analysis were used to confirm hypotheses. The research showed that 56% of SMEs regularly undertake innovative activities while larger and older firms invest more intensively. Financial motivation and awareness of SMEs on governments’ innovation policy in Slovakia is relatively low. The biggest impact on companies’ innovation activities has sufficient awareness about government innovation policy; less impact has other independent variables: external funding sources and government´s financial incentives.

Název v anglickém jazyce

Innovations in SME segment: Important Factors and Differences in The Approach by Size and Age of the Company

Popis výsledku anglicky

Innovations are an important part of business activities, because of their impact on the market position and financial performance of enterprises. Furthermore, they help keep existing companies in a growing competitive environment. The aim of the article is to define and quantify significant factors which determine inclination to innovations in the segment of SMEs. In this context, empirical research in the Slovak economic environment was realized. The total number of respondents in this research was the 529. Pearson’s statistic and regression analysis were used to confirm hypotheses. The research showed that 56% of SMEs regularly undertake innovative activities while larger and older firms invest more intensively. Financial motivation and awareness of SMEs on governments’ innovation policy in Slovakia is relatively low. The biggest impact on companies’ innovation activities has sufficient awareness about government innovation policy; less impact has other independent variables: external funding sources and government´s financial incentives.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název periodika

Transformations in Business &amp; Economics

ISSN

1648-4460

e-ISSN

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Svazek periodika

17

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

LT - Litevská republika

Počet stran výsledku

18

Strana od-do

55-71

Kód UT WoS článku

000452818400004

EID výsledku v databázi Scopus

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