The Impact of the Public Support for R & D on the Economic Performance of SMEs

The article is focused on evaluation of impacts of the project support for research, development and innovations on the economic performance of small and medium-sized enterprises. The set of analysed enterprises was composed of 182 SMEs operating in the Region of South Moravia in the Czech Republic,...

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Main Author: Ivana Blažková
Format: Article
Language:English
Published: Mendel University Press 2016-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/64/1/0213/
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author Ivana Blažková
author_facet Ivana Blažková
author_sort Ivana Blažková
collection DOAJ
description The article is focused on evaluation of impacts of the project support for research, development and innovations on the economic performance of small and medium-sized enterprises. The set of analysed enterprises was composed of 182 SMEs operating in the Region of South Moravia in the Czech Republic, which were active in R & D in 2012 and 2013. There were evaluated public sources of funding for innovation activities and selected financial ratios of economic performance. The hypotheses about the relationship between the amount of public support and profitability of enterprises were set up and statistically tested. The analysis proved sufficient level of profitability and liquidity of the SMEs involved in research, the worst economic performance of the smallest enterprises and the direct positive relationship between the amount of public support and the profitability in two size groups of enterprises, which refers to the positive impact of the public support on the economic performance of SMEs.
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spelling doaj.art-6ba4396e6eff47a5aee8267ad83e29902022-12-21T19:14:29ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102016-01-0164121322210.11118/actaun201664010213The Impact of the Public Support for R & D on the Economic Performance of SMEsIvana Blažková0Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech RepublicThe article is focused on evaluation of impacts of the project support for research, development and innovations on the economic performance of small and medium-sized enterprises. The set of analysed enterprises was composed of 182 SMEs operating in the Region of South Moravia in the Czech Republic, which were active in R & D in 2012 and 2013. There were evaluated public sources of funding for innovation activities and selected financial ratios of economic performance. The hypotheses about the relationship between the amount of public support and profitability of enterprises were set up and statistically tested. The analysis proved sufficient level of profitability and liquidity of the SMEs involved in research, the worst economic performance of the smallest enterprises and the direct positive relationship between the amount of public support and the profitability in two size groups of enterprises, which refers to the positive impact of the public support on the economic performance of SMEs.https://acta.mendelu.cz/64/1/0213/research and developmentinnovationssmall and medium-sized enterprisesproject supporteconomic performancefinancial ratios
spellingShingle Ivana Blažková
The Impact of the Public Support for R & D on the Economic Performance of SMEs
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
research and development
innovations
small and medium-sized enterprises
project support
economic performance
financial ratios
title The Impact of the Public Support for R & D on the Economic Performance of SMEs
title_full The Impact of the Public Support for R & D on the Economic Performance of SMEs
title_fullStr The Impact of the Public Support for R & D on the Economic Performance of SMEs
title_full_unstemmed The Impact of the Public Support for R & D on the Economic Performance of SMEs
title_short The Impact of the Public Support for R & D on the Economic Performance of SMEs
title_sort impact of the public support for r amp d on the economic performance of smes
topic research and development
innovations
small and medium-sized enterprises
project support
economic performance
financial ratios
url https://acta.mendelu.cz/64/1/0213/
work_keys_str_mv AT ivanablazkova theimpactofthepublicsupportforrampdontheeconomicperformanceofsmes
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