Innovation performance of new eu member countries - Situation in the Czech Republic

Abstract

The article deals with analysis of the factors influencing innovation performance in new EU member countries, particularly in the Czech republic. The analysis follows the advancement of (neoschumpeterian) economic studies on interfaces between technology and economy, which are reflected in and supported by formation of the international databases on innovation as well as the regulatory policies in the fields of science, technology and innovation. Making use of the concept of national innovation system the analysis is focused on three basic factors of innovative performance: academic resources, resources of innovating firms and impact of regulatory policies on innovation performance. The available data are used to assess not only the size and structure of innovation resources but also institutional factors influencing the transformation of resources into innovative performance. The outcome of such assessment is used to articulate structural dependences and growth opportunities of domestic innovation system.