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Business Expenditures on Research and Development as a Part of the Innovation Capacity in Terms of Competing Industries

dc.contributor.authorHudec, Oto
dc.contributor.authorProchádzková, Martina
dc.date.accessioned2014-01-14T14:47:13Z
dc.date.available2014-01-14T14:47:13Z
dc.date.issued2013-03cs
dc.identifier.citationTrendy ekonomiky a managementu. 2013, VII, č. 13, s. 31-42. ISSN 1802-8527.cs
dc.identifier.issn1802-8527
dc.identifier.urihttp://hdl.handle.net/11012/24418
dc.description.abstractPurpose of the article: This paper examines how firms ‘internal factors and their industrial affiliation influence the amount of business expenditures on research and development. Methodology/methods: The means for expressing that relation is the hierarchical linear model, in which the fixed explanatory variables are quantitative business indicators that include the number of employees, operational profit and capital expenditures. The qualitative explanatory factor is the industry, in which the firm operates. Scientific aim: The paper sees business expenditures on research and development as one of the factors that determine the firms innovative performance, which in turn may contribute to the growth of the country’s innovative capacity. Data of 1410 firms were used, classified into groups according to their country of operation. The industrial factor of investment in research and development is also examined. Findings: The results show, that there exists a strong influence of expenditures on research and development, while the influence of the number of employees is not statistically significant. Conclusions: The findings also suggest that although some industries, such as manufacturing or production and distribution of electricity, were expected to have high expenditures on research and development, in fact, they are lower than the average. According to EU Industrial R&D Investment Scoreboard, the best innovative performance is shown by the pharmaceutical sectors, which is the top R&D investor, too. The paper shows, that the highest expenditures on research and development are realized by software sector, pharmaceutical sector, telecommunications equipment, biotechnology and semiconductors. On the other hand, the lowest expenditures are in automobile and parts and technology hardware and equipment sectors.en
dc.formattextcs
dc.format.extent31-42cs
dc.format.mimetypeapplication/pdfen
dc.language.isoskcs
dc.publisherVysoké učení technické v Brně, Fakulta podnikatelskács
dc.relation.ispartofTrendy ekonomiky a managementucs
dc.relation.urihttp://www.fbm.vutbr.cz/cs/fakulta/vedecky-casopis/aktualni-cislo/1649-trendy-ekonomiky-a-managementu-cislo-13-rocnik-viics
dc.rights© Vysoké učení technické v Brně, Fakulta podnikatelskács
dc.subjectexpenditures on research and developmenten
dc.subjectinnovative capacityen
dc.subjectintensity of research and development, hierarchical linear modelen
dc.titlePodnikové výdavky na výskum a vývoj ako súčasť inovačnej kapacity v podmienkach konkurujúcich si odvetvícs
dc.title.alternativeBusiness Expenditures on Research and Development as a Part of the Innovation Capacity in Terms of Competing Industriesen
eprints.affiliatedInstitution.facultyFakulta podnikatelskács
dc.coverage.issue13cs
dc.coverage.volumeVIIcs
dc.rights.accessopenAccessen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen


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