RELATIONSHIP BETWEEN CORPORATE SIZE AND SUCCESS INNOVATION PROJECTS IN CZECH REPUBLIC
RELATIONSHIP BETWEEN CORPORATE SIZE AND SUCCESS INNOVATION PROJECTS IN CZECH REPUBLIC

Author(s): František Milichovský, Veronika Bumberová
Subject(s): Social Sciences, Economy
Published by: Vysoká škola ekonomická v Praze
Keywords: innovation; success; corporate size; correspondence analysis
Summary/Abstract: This article represents a study examining the structure and properties of enterprises with the focus to the success of innovation projects in the Czech Republic. The reason is that not all innovation efforts are successful in terms of percentage share successfully realized innovations. For many small businesses, unlike large firms, has the character of innovation rather arbitrary and ad hoc process that is not formalized or project driven and therefore they are not predominantly successful. However, the ability to innovate is increasingly viewed as the most important factor in developing and sustaining competitive advantage. With a focus on innovative projects at the micro level of companies, this paper is based on primary research questionnaire survey with a random selection of 527 and total return of 157 respondents. The major analytic procedure comprises methods of correspondence analysis and validation technique based on chi-square nonparametric tests and for transparent representation of the structure of dependence and interpretation is used symmetric correspondence map. This research study contains the results in terms of the share successfully innovation projects companies due to the size and other factors that affect them.

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