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Innovation Performance of the Czech Regions

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Žítek V.

Review of Economic Perspectives

2010

vol. 10

issue 4

151-173

Innovations play the key role in the today's globalized world economy. This is a fact which also the European Union is aware of. Therefore, it is concerned with the innovation support. And individual national economies focus on the characteristics that influence their innovation potential. Several various methods are used for the evaluation of the innovation efficiency, for example the Summary Innovation Index (SII), by the means of which the individual countries are assessed through 25 indicators. This contribution aims to find out which of the indicators involved in the method are available, so that this method could be used for the evaluation of the innovation efficiency of the individual regions at the level of NUTS3. For this purpose, the Regional Innovation Index (RII) has been defined and it uses 16 indicators, the same as or similar to the original methodology, to compare the regions of the Czech Republic. RII maintains the original weight ratio of innovation input and output dimensions. RII is used as a base for the creation of regional typology, which divides the regions into those considerably above average, those above average, the average ones, those below average and those considerably below average. Moreover, the results are compared with the conclusions of another study, which used a simpler methodology. This makes us able to draw final conclusions and also to define bases for further research.

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1 Review of Economic Perspectives

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Innovation Performance of the Czech Regions