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The Critical View on Innovation Activity in SME’s Sector in Slovakia

In: Modeling Innovation Sustainability and Technologies

Author

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  • Ľubica Lesáková

    (Matej Bel University)

Abstract

Innovations are the drive of economic development advancing the possibilities of future competitiveness in the form of new knowledge and increasing economic efficiency and performance, particularly within small and medium enterprises (SME). To strengthen innovation activities is one of the main tasks of SME nowadays. The objective of this chapter is to give a critical view on innovation activity in the SME sector in Slovakia. Because of the need to use a systemic approach the stress will be given to identifying main factors influencing innovation activity of Slovak SME. The results of our own empirical research are devoted to the identification of the main barriers to develop innovation activity identified among SMEs. Recommendations for relevant public institutions as well as for SME to overcome the barriers will be discussed.

Suggested Citation

  • Ľubica Lesáková, 2018. "The Critical View on Innovation Activity in SME’s Sector in Slovakia," Springer Proceedings in Business and Economics, in: Albertina Dias & Bror Salmelin & David Pereira & Miguel Sales Dias (ed.), Modeling Innovation Sustainability and Technologies, pages 137-147, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-67101-7_11
    DOI: 10.1007/978-3-319-67101-7_11
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