Efficiency of innovation system in the Czech Republic: Comparison with other European countries
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Abstract
This paper examines the efficiency of the innovation system in the Czech Republic compared to other European Union countries. The analysis is based on a data envelopment method using a model containing innovation drivers, knowledge creation and indicators of innovation and entrepreneurship as inputs, and intellectual property and application assets producing outputs of the national innovation systems of selected European countries. The data envelopment analysis method focuses on non-parametric linear programming, examining the relative performance and efficiency of particular units under a constant return to scale, converting inputs into outputs as variables of modelling. The measured technical efficiency indicates a difference in performance of innovation systems of selected countries of the European Union and compares an obtained score in efficiency evaluated in the model. The Czech Republic belongs to the moderate group in terms of innovation performance; its national innovation system is characterised by weaknesses in intellectual assets and research.
Keywords: Innovation, national innovation system, DEA modelling, technical efficiency.
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