DIFFERENCES IN INNOVATION PERFORMANCE OF VISEGRAD GROUP REGIONS
DIFFERENCES IN INNOVATION PERFORMANCE OF VISEGRAD GROUP REGIONS

Author(s): Eva Ivanová, Jana Masárová
Subject(s): Economy, National Economy
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Innovation;innovation performance;Regional innovation index;Visegrad group countries;
Summary/Abstract: Innovations play a significant role in the social and economic development of countries and regions. They have an impact on economic level and contribute to reducing the regional disparities. The innovation performance of regions can be evaluated by different ways using a number of diverse indicators. In this article we evaluate the innovation performance of regions using the data from the Regional Innovation Index by Regional Innovation Scoreboard. The aim of this article is to evaluate the innovation performance and the differences in innovation performance of NUTSII regions of Visegrad Group using selected variability variables. The method of analysis, mathematical-statistical methods, comparison and synthesis are used. Our research has shown that the highest innovation performance is performed by the regions of Praha and the Bratislava region. The largest relative differences in innovation performance between Visegrad Group regions are in indicators: Public private co publications, International scientific co publications, SMEs with marketing or organizational innovations and Innovative SMEs collaborating with others (more than 54%). The smallest differences are in indicators: Exports of medium high/high-technology intensive manufacturing, Most cited scientific publications, Trademark applications, and Non R&D innovation expenditures.

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