Result Details
DO INTERNAL R & D ACTIVITIES PRODUCE HIGHER TURNOVER? EVIDENCE FROM CZECH'S MANUFACTURING COMPANIES
Meluzín Tomáš, prof. Ing., Ph.D., FBM (FBM), ÚE (FBM)
This paper empirically examines whether Research and Development (R & D) expenditure of domesticallyowned companies (DOC) in the Czech Republic differ significantly from R & D activities of foreign-owned
companies (FOC) based on an company-level panel dataset. Based on theoretical background discussed in the
paper, the hypothesis and assumption formed here is the following: Internal R & D investment has a
significantly different importance in increasing the turnover by domestically- or foreign- owned companies.
The scientific aim is to find the different significantly between the relationship of R & D investment to the
internal research of DOC and FOC. The results reveal the following. Firstly, the FOC spend more R & D
expenditure than the independent companies only in Manufacture of machinery and equipment n.e.c. Secondly,there is a strong positive correlation between the turnover and internal R & D activities of DOC. R = 0.81 (CZ NACE 28) and R = 0.70 (CZ NACE 26 and 27). These findings imply that globalization and integration of
companies may not only affect turnover and employees but may also have an important impact on the level of
domestic R & D activities in the Czech Republic.
Correlation, Employment, Innovation, R & D activities, Turnover
@inproceedings{BUT155431,
author="Nina {Bočková} and Tomáš {Meluzín}",
title="DO INTERNAL R & D ACTIVITIES PRODUCE HIGHER TURNOVER? EVIDENCE FROM CZECH'S MANUFACTURING
COMPANIES",
booktitle="ECONOMIC POLICY IN THE EUROPEAN UNION MEMBER COUNTRIES",
year="2018",
pages="16--24",
publisher="Silesian University",
address="Karviná",
isbn="978-80-7510-289-8"
}