Competitiveness And Innovation Performance Of The Czech Republic In International Rankings
Abstract
Czech economy is being stimulated by global changes to searching sources of competitive advantage in qualitative intensive production. Assumptions and real effects of changes in companies´ behaviour with the aim to maintain and gain the competitive advantage are connected with innovative behaviour of all economic subjects, or with innovative potential of the economy. The first aim of this article is to reflect on the methodology used in assessment of competitiveness of the economy based on international comparison (we focus on three rankings: World Competitiveness Yearbook, Global Competitiveness Report, European Innovation Scoreboard). The second aim is to analyze the recent competitive position of the Czech economy and to identify strengths and weaknesses of the Czech Republic resulting from these international rankings. The third aim is to describe discussion about options of increase in innovative performance of companies and to identify differences in innovative behaviour in the perspective branch of hi-tech industry according to the size of the enterprise.The fourth aim is to summarize impacts of economic recession on innovative activity of companies. Research methodology is following: the primary research was based on questionnaire survey about current economy difficulties and opportunities for business companies. To evaluate answers of respondents we used the method of comparison and analysis.The main results of primary research in Czech business sphere are following: firms regard partly flexibility and innovation activities as important assumptions of maintaining competitive position in the market.References
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