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COMPARATIVE ANALYSIS OF INNOVATION ACTIVITIES IN THE CZECH REPUBLIC ACCORDING TO SELECTED INNOVATION INDICES. Monika Chobotová, Liberec 16.9.2013. Innovative policy.
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COMPARATIVE ANALYSIS OF INNOVATION ACTIVITIES IN THE CZECH REPUBLIC ACCORDING TO SELECTED INNOVATION INDICES Monika Chobotová, Liberec 16.9.2013
Innovative policy • The aim of the effective innovative policy is thebalanced development of the three pillars of the knowledge economy which contribute to the strengthening of knowledge production, their use in innovation and the development of knowledge and skills in the population. • International comparison of the innovative environment and innovative performance is carried out by the various international indices.
Selected international indices • Summary innovation Index (SII) • Global Competitiveness Index(GCI) • IMD Competitiveness Index.
Summary innovation index • According to the scoreboard, Research and Innovation Union 2011, Member States are divided into four groups: • Innovation leaders • Innovation followers • Moderate innovators • Modest innovators • Czech Republic is one of the moderate innovators with a below average performance. • Relative strengths are in Human resources, Innovators and Economic effects. • Relative weaknesses are in Open, excellent and attractive research systems, Finance and support and Intellectual assets.
Chart 1 Annual average growth per indicator and average country growth (2011)
Global Competitiveness Index (GCI) • What is Global Competitiveness Index (GCI) - GCI is defined by the World Economic Forum. It is a set of institutions, policies, and factors thatdetermine the level of productivity of a country, conditions of public institutions and technicalconditions. • Data used in GCI- Rating uses public accessible datas (WB, IMF, etc.) and results of findings made byWorld Economic Forum. These findings are made annually with the support of partnerinstitutions.
The Most Problematic Factors for Doing Business in Czech Republic
IMD competitiveness index • Another respected aggregates IMD competitiveness index is composed of nearly 330 quantitative and qualitative indicators, which reflect the competitiveness of the 4 dimensions - economic performance, government efficiency, business efficiency and infrastructure sector. • The World Competitiveness Scoreboard presents the 2012 overall rankings for the 59 economies covered by the WCY.