Last modified: 2013-10-31
Technical innovations in the Context of SMEs´ Performance in the Czech Republic
Maintenance of continual existence of a business entity inevitably expects a continual adoption of changing circumstances in both, external as well as internal environment into companies´ processes. Therefore innovations are essential tool in maintaining the viability of a business entity. In addition, innovations are regarded not only as an element of company´s competitiveness, but innovations also significantly affect company´s performance. This paper presents a model of assessment of the effect of technological innovations on company performance which is based on the gross production power ratio while it is subsequently verified by using the model of income-based company value.
Value Generators, Innovations, Production Power, Income-based Value
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