Comparative analysis of innovative activities in the Czech Republic according to selected innovative indices

Policy of the European Union is focused on the fast growing innovative companies which quickly respond to market demands and consequently increase its competitiveness. To meet those objectives companies need the right conditions and support of their state. However, companies are not able to increase the innovative efficiency without the help and support of broader National innovative scheme. Also, there are important requirements for National innovative system to function well. Those are well balanced improvements of an individuals and subsystems during all phases of the innovative process. This is because innovation is not the domain of a single entity but it is the result of the continuous interaction between the various elements of the national innovative system. Therefore, the universities, research organizations as well as companies and their suppliers and customers (customers) all play an important part in the innovative process. However, some of the important factors are also the quality of an institution and the environment where the innovative process is carried out These all are the main reasons for the establishment of the national innovative strategy in developing countries. National Innovative Strategy builds on the recommendations of the European Union's innovative strategy document, to support Member States in innovative activities. Feedback to evaluate the strategic objectives that were set out in the national innovative strategy can give composite indicators. The aim of this document is to evaluate the current position of the Czech Republic in the area of the science, research and innovation through selected indices