2022
DOI: 10.1504/ijesb.2022.10045293
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Motivation, self-selection and effects of the business advice programme in Slovakia

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“…Investment in innovations and R&D could seem to be the ideal solution for even stronger growth in the sector. However, as Balog et al (2013) stated in this case, investment in basic research is very inefficient, and the support of applied research also encounters the problem of the current level of development of the sector. Certain progressive measures have been and will be unnecessary because companies are not showing interest in them, as several projects have already been done.…”
Section: Discussionmentioning
confidence: 99%
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“…Investment in innovations and R&D could seem to be the ideal solution for even stronger growth in the sector. However, as Balog et al (2013) stated in this case, investment in basic research is very inefficient, and the support of applied research also encounters the problem of the current level of development of the sector. Certain progressive measures have been and will be unnecessary because companies are not showing interest in them, as several projects have already been done.…”
Section: Discussionmentioning
confidence: 99%
“…Here, the decisive channel for the transfer of innovations is the company's parent company, which decides on process innovations and their transfer to the given locality. At the same time, systems aimed at continuous improvement and support of innovations are implemented in companies in this way (Balog et al, 2013). However, except for some multinational enterprises operating in Slovakia, no significant investments were made in the modernisation of processing technologies (Green Report, 2019).…”
Section: Literature Reviewmentioning
confidence: 99%