Original scientific paper

The future of Croatian innovation and entrepreneurship

DALIBOR MARIJANOVIĆ ; Business Innovation Center of Croatia, Croatia
VLADIMIR PAAR ; Croatian Academy of Sciences and Arts, Zagreb, Croatia
DRAGAN PRIMORAC ; 1_University of Split, School of Medicine, Split, Croatia;2_University of Osijek, School of Medicine, Osijek, Croatia; 3_Penn State University, Eberly College of Science, USA; 4_University of New Haven, USA; 5_University of Osijek, School of Medicine, Osi

Abstract

In a business sense, innovation represents the commercialization of an
invention, and, respectively, its efficient introduction to the market. From this definition it is obvious that innovative potential can be increased if we keep working on our creativity on one side and keep creating prerequisites for successful commercialization on the other. These exact prerequisites, formulated by strategic documents and active enticing policies, make up the framework which we call the National Innovation System (NIS). Innovation process consists of three key elements: i) a high quality research base (universities, research institutes), ii) appropriate and sufficient financial resources and iii) technological and business infrastructure. An agency (in Croatia, Business Innovation Center – BICRO) plays a key role within an
effective NIS. This agency is connected to the State but operates independently and its people act as a catalyst of connections between all stakeholders. Government should have a leading role and make counter cycle decision in order to maintain persistent level of the investment in R&D. Great achievements in scientific and technological innovation Croatia were made during the period 2003-2009 while currently (mainly because of the economic crisis) Croatia is facing a significant stagnation.

Keywords

Hrčak ID:

101237

URI

https://hrcak.srce.hr/101237

Publication date:

31.3.2013.

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