
IMPACT OF INNOVATIONS ON REGIONAL DEVELOPMENT
(STEF92 Technology, 2017, L. Vankova, G. Kocourkova, J. Chovancova)
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An important link between the volume of investment activity and economic growth is represented by the structure of investments implemented into innovations. Innovations are lately widely discussed issue, because without them economy will not be able to compete with foreign production. A lot of money is being spent on innovations in companies but also on the whole national economy. Therefore it is important to determine whether these funds are spent effectively and efficiently. Requirements for efficiency in invest...

