Abstract
Measurement of Innovation in the Czech Republic
Highlights
Innovation would not be an everyday event, but such an event or fact, which has the ability to redefine the scope and boundaries - opening up new opportunities and it is a challenge for existing players, in order to change something in light of the new conditions
The paper deals with business innovation and innovation performance in the Czech Republic and with innovation metrics for innovation measurement which are available in European Union and available in the Czech Republic
Summary Innovation Index (Summary Innovation Index, further SII) is currently composed of 24 indicators, which are organized into three main groups and eight categories
Summary
Innovation would not be an everyday event, but such an event or fact, which has the ability to redefine the scope and boundaries - opening up new opportunities and it is a challenge for existing players, in order to change something in light of the new conditions. In the above mentioned example there agree Foster (2002), Evans and Hamel (2000). This is the central theme of Schumpeter's original theory of innovation, where innovation is understood as a process of "creative destruction". In the same sense as Schumpeter (1950) there speak authors Abernathy (1985), Boisot (1995). From the definition of innovation, innovation can be understood as a general activity necessary for the survival and growth of the organization. Innovative business is understood as a set of business activities specializing in the continuous realization of innovative activity
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