ANALYSIS OF INNOVATION SYSTEMS AND ICT POTENTIAL

Tomas Langer

Abstract: The following work should briefly outline environmental conditions for innovative entrepreneurs and start-ups in an area of information and telecommunication technologies, conditions of entrepreneurship and doing business easiness in the Czech Republic and comparison with Israel as one of the world innovation leaders with moreover similar size of the population as the Czech Republic. For comparison of overall situation in entrepreneurship and doing business easiness were chosen also another eight developed states with similar size of population. In 2017 was Israel the second most innovative state in the world by the Global Competitiveness Report with own sets of local specific conditions which are settle in the way it can be in useful for other states to take some advices, directions of entrepreneur environment settlement and getting experiences of it. Main areas of this article where is worked out the comparison of the Czech Republic with Israel are gross domestic expenditures on research and development, comparison of structural expenditures of firms on research and development, comparison of overall innovation activity and comparison of innovation systems of Israel and the Czech Republic. Although some studies shows correlations between expansion of ICT and economic growth only in some sectors and in some stage of economy evolution or correlation only if there are also fulfilled other conditions as investments to human resources, in general, studies mostly yield evidence of strong positive correlations between ICT areas and economic growth in modern economies as it participates in the reduction of transaction costs, increases production factors productivity and creates completely new solutions for current problems.

Keywords: Innovation, Information and communication technologies, Productivity

DOI: https://doi.org/10.15623/ijret.2018.0707002