Aspects of a Business Competitive Advantage at Start-ups
Aspects of a Business Competitive Advantage at Start-ups

Author(s): Miroslav Pavlák
Subject(s): Business Economy / Management
Published by: Masarykova univerzita nakladatelství
Keywords: start-ups; innovation process; factors influencing the innovativeness; support to the innovation process;
Summary/Abstract: A dilemma of innovations is more and more obvious every day. The ideology of free enterprise and market economy suggest the policy-makers not to touch the mechanisms of competition or business development. It is held that public interventions, such subsidies, low-interests loans or grants, deter the free competition and cause imbalance in the market. At the same time, the needs of the individual enterprises to get support in their pursuit of innovations are acknowledged. The purpose of this article is to report on an inventory of measures employed in order to overcome barriers to innovation in Czech start-ups (SMEs.) The author will examine the impact of such variables as actions for continuous improvement, pressures for cost cutting, aspects of the internal management system, innovativeness, and structures for managing product and process innovation in Czech SMEs.

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