Abstract:Abstract. Eight Czech CIS waves between 2001-2014 were analyzed. An adjusted (incomplete) CDM model was used to estimate effects of characteristics of firms (firm size, government funding, market orientation, or foreign ownership) on the innovation process (decision to innovate, R&D intensity, sales from innovated goods). Public support had a very limited or even negative effect on innovation inputs and outputs. This analysis suggests that there is no relationship between R&D expenditures and sales of innovate… Show more
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