D 2022

INVESTMENT IN INNOVATION – PERFORMANCE SUPPORT OR WASTED MONEY?

DUHÁČEK ŠEBESTOVÁ, Jarmila

Basic information

Original name

INVESTMENT IN INNOVATION – PERFORMANCE SUPPORT OR WASTED MONEY?

Authors

DUHÁČEK ŠEBESTOVÁ, Jarmila (203 Czech Republic, guarantor, belonging to the institution)

Edition

Olomouc, International Days of Science 2022, p. 86-95, 10 pp. 2022

Publisher

MVSO

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50204 Business and management

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

References:

RIV identification code

RIV/47813059:19520/22:A0000322

Organization unit

School of Business Administration in Karvina

ISBN

978-80-7455-100-0

Keywords in English

Innovations; external sources; financial planning; ROI

Tags

International impact, Reviewed

Abstract

V originále

Innovations are critical in business; however, the return on investment in innovations is longer and riskier than other investments, so entrepreneurs frequently consider how much to invest during the Covid-19 period. Based on primary research, this article investigates the motivations for investment when a 60% profit is typically invested with a model return of around 10%. The findings are based on an empirical study conducted in the Czech Republic (589 respondents, omnibus survey). Furthermore, the study concludes that business experience has a positive influence on innovation investment and future development in order to increase investment share and they are affected by external and internal mixture of capital, when the ideal combination was found as 80% of investment back to the company and 80% directly to innovation to get 10% ROI.