The efficiency of innovation Economic policy: the Case of the Czech Economy between 2012 and 2014

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F18%3A00001489" target="_blank" >RIV/75081431:_____/18:00001489 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

The efficiency of innovation Economic policy: the Case of the Czech Economy between 2012 and 2014

Popis výsledku v původním jazyce

This paper evaluates innovation economic policy in the Czech economy between 2012 and 2014. The analysed sample consists of 10144 observations of which 1588 are about new-to-the-market innovators. The estimation uses three stages from the innovation process model and accounts for selection bias. There is strong evidence that public support is not a very efficient public policy tool and ambiguous results were observed in the detailed view. The local government funding was statistically insignificant in case of the innovation input intensity measured by the log of R&amp;D expenditures per employee and also in the case of innovation output intensity measured by sales from innovated goods and services. Central government funding led to a crowding-effect of public support in the market, but it was not present in manufacturing industry. The EU funding was the most successful economic policy tool although no additional effect of this funding was observed on the innovation output. Framework programmes were an unsuccessful economic policy tool and in case of service industry they contributed to a negative innovation output.

Název v anglickém jazyce

The efficiency of innovation Economic policy: the Case of the Czech Economy between 2012 and 2014

Popis výsledku anglicky

This paper evaluates innovation economic policy in the Czech economy between 2012 and 2014. The analysed sample consists of 10144 observations of which 1588 are about new-to-the-market innovators. The estimation uses three stages from the innovation process model and accounts for selection bias. There is strong evidence that public support is not a very efficient public policy tool and ambiguous results were observed in the detailed view. The local government funding was statistically insignificant in case of the innovation input intensity measured by the log of R&amp;D expenditures per employee and also in the case of innovation output intensity measured by sales from innovated goods and services. Central government funding led to a crowding-effect of public support in the market, but it was not present in manufacturing industry. The EU funding was the most successful economic policy tool although no additional effect of this funding was observed on the innovation output. Framework programmes were an unsuccessful economic policy tool and in case of service industry they contributed to a negative innovation output.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50200 - Economics and Business

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of 15th International Scientific Conference: Economic Policy in the European Union Member Countries

ISBN

9788024841557

ISSN

—

e-ISSN

—

Počet stran výsledku

10

Strana od-do

296-305

Název nakladatele

VŠB-TU Ostrava

Místo vydání

Ostrava

Místo konání akce

Kopřivnice

Datum konání akce

8. 11. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000451959800022