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Full Length Research
Paper
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Innovation
policy and successfulness of micro and small companies in
the Republic of Slovenia
Mirko Markič1*,
Borut Likar1, Maja Meško1, Katja Rašič2,
and Snežana Živković3
1Faculty
of Management Koper, University of Primorska,
Cankarjeva 5, 6000 Koper,
Slovenia.
2Faculty
of Economics, University of Maribor, Slovenia.
3Faculty
of Occupational Safety, University of Niš
Čarnojevića 10 A, 18000 Niš,
Serbia.
*Corresponding author. E-mail:
mirko.markic@fm-kp.si.
Accepted 8
July, 2011 |
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Abstract |
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The purpose of our research is to examine the state of
innovation policy and its influence on the successfulness of
micro and small companies in the Republic of Slovenia. The
effects of particular influential variables on the success and
innovation policy (frequency of introduced changes, national
co-financing, financial support initiatives, promote programs
and innovation planning policy) were analysed empirically on the
stratified model of 121 micro and small companies with the
method of quantitative research, namely as per the most
important and successful statistical regions. On the basis of
the analysis based on linear and multiple regression analysis,
it may be established that innovation policy influences
positively on the success of micro and small companies. We can
thus conclude that company’s frequency of introduced changes;
national co-financing and financial support incentives,
familiarity of employees with the innovation strategy as a part
of innovation policy play a significant part in achieving
business excellence.
Key words:
Innovation policy, innovation planning policy, company’s
success, management, micro and small companies, Slovenia.
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