Publication detail

DO INTERNAL R & D ACTIVITIES PRODUCE HIGHER TURNOVER? EVIDENCE FROM CZECH'S MANUFACTURING COMPANIES

BOČKOVÁ, N. MELUZÍN, T.

Original Title

DO INTERNAL R & D ACTIVITIES PRODUCE HIGHER TURNOVER? EVIDENCE FROM CZECH'S MANUFACTURING COMPANIES

Type

conference paper

Language

English

Original Abstract

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.

Keywords

Correlation, Employment, Innovation, R & D activities, Turnover

Authors

BOČKOVÁ, N.; MELUZÍN, T.

Released

30. 12. 2018

Publisher

Silesian University

Location

Karviná

ISBN

978-80-7510-289-8

Book

ECONOMIC POLICY IN THE EUROPEAN UNION MEMBER COUNTRIES

Pages from

16

Pages to

24

Pages count

9

BibTex

@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"
}