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https://doi.org/10.32728/ric.2016.21/6

THE EFFECTIVENESS OF INNOVATION PROJECTS IN POLISH INDUSTRY

Jan Zwolak ; Associate Professor University of Economics and Innovation, Institute for the Application of Quantitative Methods in Economics


Puni tekst: engleski pdf 152 Kb

str. 97-110

preuzimanja: 837

citiraj


Sažetak

The objective of the study was to determine the dependency of the net income from the sales of new and significantly modernised products on the expenditure on (1) marketing and staff training as well as on the expenditure on (2) land, buildings and structures; machinery, technical equipment and tools; and means of transportation within the scope of product and process innovations in Polish industry in 2010. Furthermore the study was intended to determine the effectiveness of the abovementioned expenditure aggregated to descriptive variables (1 and 2). In the study, the correlation and regression methods as well as the least squares method was applied.The estimation resulted in the determination of functional dependency of net sales income on the expenditure on marketing and staff training (0.5040) as well as on the expenditure on land, buildings and structures; machinery, technical equipment and tools; and means of transportation (0.8064) in the field of innovative processes in industry. The net sales income increased more than proportionally relative to the combined effect of the aforementioned expenditure (1.3104). The total increase in the aforementioned expenditure by 10% resulted in the increase in net sales income by 13.1%. The determined power regression model may have practical implications for the economic evaluation of expenditure in innovative processes in Polish industry in the future, as well as for the forecast (prediction).The expenditure application in innovative processes may also have social implications connected to the increase in the value-in-use of products and with the increase in the social efficiency of work in Polish industry.

Ključne riječi

innovation process; correlation and regression; effectiveness

Hrčak ID:

155714

URI

https://hrcak.srce.hr/155714

Datum izdavanja:

30.3.2016.

Posjeta: 1.784 *