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Public Financial Funds Efficiency Regarding the Development of Innovative Activities in Small and Medium-sized Enterprises: the Case of Slovenia

Author

Listed:
  • Jesenko Jože

    (Faculty of Organizational Sciences, University of Maribor, Kidričeva cesta 55a, 4000 Kranj, Slovenia)

  • Stanič Uroš

    (Kosezi d.o.o, Cesta na Laze 7, 1000 Ljubljana, Slovenia)

  • Rudolf Robert

    (RR&CO. Ltd., Dunajska cesta 20, 1000 Ljubljana, Slovenia)

  • Rangus Vanja
  • Meršol Nataša

    (Regional Development Agency of The Ljubljana Urban Region, Tehnološki park 19, 1000 Ljubljana, Slovenia)

Abstract

In this article, the authors present a method of measuring the efficiency of use of national and European public funds for promoting action in companies, including the process from a draft idea to the placement of a product or service on market. The method of measuring has been done with a matrix system, through which we have shown the distribution of public funds between service brokers that offer services for the raising of the abilities to the companies. The matrix system includes the impact matrix of service brokers on innovation enablers. Based on the assembling matrix, we have composed efficiency measures, which can serve policyholders in guiding and controlling public funds.

Suggested Citation

  • Jesenko Jože & Stanič Uroš & Rudolf Robert & Rangus Vanja & Meršol Nataša, 2009. "Public Financial Funds Efficiency Regarding the Development of Innovative Activities in Small and Medium-sized Enterprises: the Case of Slovenia," Organizacija, Sciendo, vol. 42(5), pages 181-188, September.
  • Handle: RePEc:vrs:organi:v:42:y:2009:i:5:p:181-188:n:2
    DOI: 10.2478/v10051-009-0014-1
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