Kohnova Lucia, Stachova Katarina, Papula Jan, Stacho Zdenko
Innovation is considered to be the key for sustaining long term growth of economies, which is proven by inclusion of this topic in strategic documents of European countries as well as European Commission, the triggers of innovation activity can not be perceived unanimously. Our findings show that innovative countries have independent, self-regulating and mature innovation systems within organizations while less innovative, in our case Czech republic is highly dependent on the government support with the regression coefficient 0.5 significant at p<0.01 level. Research tool used was an electronic questionnaire distributed directly to representatives of companies in Czech Republic, Austria and Germany during the period of 2015-2016 as a part of research project. For the analysis of data, Person correlation test was used to identify significant dependencies among variables, with further analyzing the strength and effect through multiple regression analysis. Results of statistical analysis presented in the research paper point to the markant difference between developed and innovative countries represented in AT - DE region compared to less innovative Czech Republic within the concept and effect of government and European funding and innovation support.