Assessment of the Innovation Capacity of Business Entities in the Republic of Serbia

Đuričin, Sonja and Beraha, Isidora (2021) Assessment of the Innovation Capacity of Business Entities in the Republic of Serbia. In: Finance, Innovation and Technology: new models and structures. Institute of Economics - Ss. Cyril & Methodius University, Skopje, pp. 179-198. ISBN 978-608-4519-23-2

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Abstract

The paper aims to assess the innovation capacity of business entities
in the Republic of Serbia by conducting desk and field research. Desk research
involves an analysis of relevant literature, statistics, and data on different
actors of the innovation system of RS. Field research is conducted using a
survey on a sample of 10 large companies and 30 SMEs. Additionally, a good
practice example technique is used to gain insight into the business model and
practice of a company that successfully innovates. To assess the innovation
capacity, the differences between large and SMEs are analysed in terms of a
strategic approach to innovation development, degree of familiarity with the
concept of innovation, type of innovative activities and perception of
innovation environment and the importance and quality of activity of
individual participants in the innovation system. The research confirms that
large companies have a more pronounced strategic approach to the innovation
development and are more familiar with the innovation concept. When it comes
to performance, large companies consider the academia and science to be the
most successful, and SMEs consider the ICT companies as most successful.
Concerning the importance, large companies attach equal and greatest
importance to science and academia, large companies, start-up companies and
ICT companies. On the contrary, SMEs believe that the Ministry in charge of
innovation is the most important actor in the innovation system. The research
results indicate that SMEs innovate differently from large companies.
Considering that the national innovation system is still insufficiently
developed, and that there are numerous obstacles, the Serbian business entities
have solid innovation capacity.

Item Type:	Book Section
Additional Information:	COBISS.ID=37556745
Uncontrolled Keywords:	innovation, capacity, large enterprises, small and medium-sized enterprises, Serbia
Research Department:	Innovation Economics
Depositing User:	Jelena Banovic
Date Deposited:	13 May 2021 10:51
Last Modified:	29 Nov 2021 13:03
URI:	http://35.240.28.64/id/eprint/1595
Author Links:	[error in script] No links available.

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