INPROFORUM Junior 2012

Innovation – current overview in the Czech Republic
Jan Žahour

Language: cs
Last modified: 2013-06-21

Abstract


Innovation is the engine of the entire economy. All industries currently have changed in terms of their dissemination through scientific activities. Come up with a new product on the market it offers a tempting vision of gigantic profits. With this vision is inevitably linked the risk that entrepreneurs undergo every day and tries to eliminate. Milestone in the current economy was in the year 2008 when the global economic crisis began. Companies started to have considerably worse access to capital. The aim of this paper is to give a comprehensive picture of what innovation is, how can we distinguish innovation and finally compare and analyze the performance of innovative environment in the Czech Republic before and after the year 2008.


Keywords


analysis, innovation, crisis, company, risk

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