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The Innovation Performance of the Czech Republic and a Comparison with Other European Union Member States
[Inovační výkonnost České republiky a její srovnání s ostatními státy Evropské unie]

Author

Listed:
  • Tomáš Pavelka
Abstract
The European Union dedicates considerable attention to research, development and innovation. Within the long-term strategy Europe 2020, Innovation Union has become one of the key initiatives. The European Union has decided to regularly monitor progress in this area through the Summary Innovation Index. The Czech Republic also pays considerable attention to research, development and innovation. The key paper is the National Innovation Strategy, approved by the Czech Government in 2011. The aim of this article is to evaluate the innovation performance of the Czech Republic by using the Summary Innovation Index 2011, which contains a total of 24 indicators. The article analyses the progress in the field of research, development and innovation achieved by the Czech Republic. The article contains an international comparison of the innovation performance of the Czech Republic with other Member States of the European Union too. It appears that the Czech Republic lags behind the European Union average especially in the patent process and funding for research, development and innovation. Greater attention should also be given to the educational system in the Czech Republic.

Suggested Citation

  • Tomáš Pavelka, 2013. "The Innovation Performance of the Czech Republic and a Comparison with Other European Union Member States [Inovační výkonnost České republiky a její srovnání s ostatními státy Evropské unie]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2013(3), pages 3-13.
    • Handle: RePEc:prg:jnlaop:v:2013:y:2013:i:3:id:401:p:3-13
    DOI: 10.18267/j.aop.401
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    More about this item

    Keywords

    innovation; research and development; summary innovation index; innovation performance;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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