Measurable Assumptions Innovative Behaviour of Firms – The Area of Financial Assumptions

Abstract:

Economic theory and practice constantly urges to increase innovative activity and improving innovation environment. Accordingly, it appears a number of standards relating to innovation capabilities compiled on an international basis, dealing with innovation environment and the results of states. Then states regularly make inquiries innovation in companies and statistically processed and evaluated innovative activity of regions, sectors, endowment policies and other factors in the past year despite reporting companies. Innovative activity is yet to be assessed at the level of companies, because it is often said, only what we can control and evaluate, we can manage. On business innovation, their readiness and ability of their successful implementation are a number of factors, among others financial factors. If you repeatedly stated that lack of funding is a drag on innovation should then have enough money to be one of the prerequisites (for basic, but essential) for the implementation and support of innovative activity. The aim of this paper is to find financial indicators, the amount of which could affect the innovation behavior in the future and to verify the amount and thus the degree of influence over companies that are certainly innovative, as demonstrated by obtaining prizes for innovation.