Relationships between Innovations and Productivity in the Services in the Slovak Economy

Viera Kubickova; Dana Benešová; Daniela Breveníková

doi:10.4067/S0718-27242016000200005

Authors

Viera Kubickova University of Economics in Bratislava, Faculty of Commerce, Department of Services and Tourism
Dana Benešová University of Economics in Bratislava, Faculty of Commerce, Department of Services and Tourism, Dolnozemská cesta 1,Bratislava.
Daniela Breveníková University of Economics in Bratislava, Faculty of Applied Languages, Department of Lingistics and Translatology, Dolnozemská cesta 1,Bratislava

DOI:

https://doi.org/10.4067/S0718-27242016000200005

Keywords:

innovations, performance indicators, productivity, service enterprises, enterprises with technology innovation.

Abstract

A key factor of increasing performances of service enterprises and in effect, that of the entire economy is the introduction of innovations. However, it is the final effect of the process that is important, rather than the type of innovation introduced by an enterprise. The aim of the paper is to verify the validity of the relationship between the innovation activity of service enterprises in Slovak Republic and their economic performance. Results of analysis have not demonstrated unanimously a positive relationship between innovations and the productivity of business service. The reason for that is in the so far low innovation performance of services as well as in the low time-related homogeneity of the implementation and the effect of innovations.