Relationship of the technology level of sector with company characteristics and public support

Based on the classification of industries by technological level this study carried out the analysis of the relationship of technological level of the sector with the firm’s basic characteristics, innovation input and output, and public support for innovation (in the context of tax measures, government funding and support from development institutes). The results suggest that the high-tech sector has higher level of expenses on R&D and innovation and a higher return on these expenses in terms of innovation output. Considering government support it can be said that support from development institutes and tax measures are not targeted at the technological level of the sector, whereas government funding is targeted at the low-tech sector. Moreover, the lowest positive effect from government support is considered to be in the leading high-tech sector

Keywords: innovation policy evaluation; low-tech sector; high-tech sector; innovation of firms; innovation input and output; priorities of innovation policy