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Visegrad Countries and Regions: Innovation Performance and Efficiency

Author

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  • Oto Hudec

Abstract

Purpose: The aim of the article is to study the differences between efficiency of their research and innovation systems, innovation performance and efficiency of the Visegrad countries (Czech Republic, Hungary, Poland and Slovakia) as well as their regions. Methodology/Approach: Visegrad countries are to be compared according to national innovative capacity framework based on the composite index methodology The regional innovation efficiency is examined by considering R&D expenditures as inputs and patents as outputs. The efficiency of the regional research and innovation systems is based on the concept of knowledge production function (Cobb - Douglas type). Findings: Visegrad countries do not belong among the best performers in innovation and competitiveness in the European Union. The findings show a substantial difference if replacing commonly evaluated innovation performance by the efficiency. Except the capital regions, there are several Polish and Czech regions which belong to the most efficient in innovation in the Visegrad regional comparison: Lodzkie, Lesser Poland, Central Moravia and South-East Moravia. Research Limitation/implication: The research shows the limitation of the innovation performance as published by the European Commission in a form of Regional Innovation Monitor. Originality/Value of paper: The approach of relative efficiency evaluation shows a rather different picture in comparison to previous static models and comparisons.

Suggested Citation

  • Oto Hudec, 2015. "Visegrad Countries and Regions: Innovation Performance and Efficiency," Quality Innovation Prosperity, Technical University of Košice, Department of integrated management, vol. 19(2).
    • Handle: RePEc:tuk:qipqip:v:19:y:2015:i:2:4
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    File URL: http://www.qip-journal.eu/index.php/QIP/article/view/593/585
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    Citations

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    Cited by:

    1. Xiao Ze-Lei & Du Xin-ya & Fan Fei, 2017. "Convergence in China’s high-tech industry development performance: a spatial panel model," Applied Economics, Taylor & Francis Journals, vol. 49(52), pages 5296-5308, November.
    2. Samuel Amponsah Odei & Jan Stejskal & Viktor Prokop, 2021. "Revisiting the Factors Driving Firms’ Innovation Performances: the Case of Visegrad Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1331-1344, September.
    3. Viktorie Klímová & Vladimír Žítek & Maria Králová, 2020. "How Public R&D Support Affects Research Activity of Enterprises: Evidence from the Czech Republic," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 888-907, September.
    4. Arkadiusz Œwiadek & Piotr Dzikowski & Jadwiga Gor¹czkowska & Marek Tomaszewski, 2022. "The National Innovation System in a catching-up country: empirical evidence based on micro data of a triple helix in Poland," Oeconomia Copernicana, Institute of Economic Research, vol. 13(2), pages 511-540, June.
    5. Gergő Tömöri & Vilmos Lakatos & Bernadett Béresné Mártha, 2021. "The Effect of Financial Risk Taking on Profitability in the Pharmaceutical Industry," Economies, MDPI, vol. 9(4), pages 1-14, October.
    6. Mohsen Mohammadi Khyareh & Nasrin Rostami, 2022. "Macroeconomic Conditions, Innovation and Competitiveness," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1321-1340, June.
    7. Meda Andrijauskiene & Daiva Dumciuviene & Jovita Vasauskaite, 2021. "Redeveloping the National Innovative Capacity Framework: European Union Perspective," Economies, MDPI, vol. 9(4), pages 1-30, December.
    8. Ingrid Majerová, 2017. "Composite Development Index of Visegrad Group Regions," Working Papers 0045, Silesian University, School of Business Administration.

    More about this item

    Keywords

    efficiency; innovation performance; innovation system; knowledge production function;
    All these keywords.

    JEL classification:

    • Z - Other Special Topics

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