Low rate of R&D results applied in innovations Sample Clauses

Low rate of R&D results applied in innovations. The interaction between public research organisations and the application sphere (particularly companies but also e.g. the public sector), which is important for the application of R&D results in practice and a more efficient use of the knowledge potential of both parties for innovation, is very limited in the Czech Republic. Whilst in EU in 2010, private domestic resources financed 10.2% of the expenditure of the government sector, in the Czech Republic it was only 4.7%. Even more significant differences can be seen in the university sector (8.1% in EU compared to 1.1% in the Czech Republic).46 The absence of efficient interaction between public research and the application sphere (in particular companies) creates a bottleneck in the overall efficiency of the national innovation system and transfer of knowledge and technology into practice. Consequences of low quality and intensity of interaction (in particular efficient cooperation) between public research and practice (in particular companies): 45 Clusters represent "geographical formations" of companies, suppliers, service providers and related institutions in a specific field, connected to externalities and complementarity in different types. 46Analysis of research, development and innovations in the Czech Republic and their international comparison in 2011, Government Council for Research, Development and Innovation, October 2011.  Research organisations carrying out research and development without any further knowledge of suggestions made by people in the field.  Companies prefer research and development, including innovation activities without any deeper use of the knowledge and institutional potential of the public research sector.  R&D results are used for innovations suboptimally, although these innovations could help to strengthen the competitiveness of the Czech economy. This situation might deteriorate further if investment into research organisations and businesses continues to be incoherent. Although there is an infrastructure focused on supporting the transfer of knowledge and technology from public research into practice, the problem lies in the shortage of good quality and competent staff (managers and specialists) and in a relative shortage of funds to ensure good quality services of this infrastructure. At the same time, there is a limited number of companies in the Czech Republic that focus their research on high-tech areas, in particular using the capacities and results of resear...
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