Public Funding of Business R&D Activities in the Czech Manufacturing Sector 2010 – 2014
Public Funding of Business R&D Activities in the Czech Manufacturing Sector 2010 – 2014

Author(s): Marek Vokoun, František Stellner
Subject(s): Business Economy / Management, Economic history, Electoral systems, Present Times (2010 - today), Public Finances
Published by: Masarykova univerzita nakladatelství
Keywords: enterprises; innovation;public support; structural funds;
Summary/Abstract: The analysis aims at the Czech manufacturing sector and innovation activities between 2010 and 2014. A panel of three Community Innovation Surveys is analyzed. This paper evaluates public funding of business R&D. The analyzed sample consists of 9316 observations of which 4313 are about R&D spenders, and 1942 are about new-to-the-market innovators. This paper estimates the model based on three stages of the innovation business process. The probability to innovate (full sample), the R&D expenditures per one employee and sales from innovated goods and services per one employee (new-to-the-market innovation sample) are analyzed. Central government funding and EU Programmes funding contributed to the innovation intensity (R&D expenditures). In the case of the innovation output, the additional contribution of public support was measured. Local and central government programmes, EU programmes, and also the variable describing support from the Framework/Horizon programmes were statistically insignificant. Public funding led to some extent to a crowding-effect of private sources in the manufacturing sector among new-to-the-market innovators.

• Details
• Contents