ORIGINAL RESEARCH
Innovation Support and Eco-Innovation in the Slovak Republic in the Intentions of Sustainable Development
Peter Malega 1  
,   Milan Majerník 2  
,   Vladimír Rudy 1  
,   Naqib Daneshjo 3  
 
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1
Technical University of Kosice, Faculty of Mechanical Engineering, Institute of Management, Industrial and Digital Engineering, Slovak Republic
2
Research Institute of Commerce and Sustainable Entrepreneurship, Faculty of Commerce, University of Economics in Bratislava, Slovak Republic
3
Faculty of Commerce, University of Economics in Bratislava, Slovak Republic
CORRESPONDING AUTHOR
Naqib Daneshjo   

Department of marketing, Faculty of Commerce, University of Economics in Bratislava, Dolnozemska cesta 1, 852 35, Bratislava 5, Slovak Republic
Submission date: 2020-09-04
Final revision date: 2020-11-24
Acceptance date: 2020-11-26
Online publication date: 2021-04-12
Publication date: 2021-07-07
 
Pol. J. Environ. Stud. 2021;30(4):3753–3768
 
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ABSTRACT
The Slovak Republic has a precisely established system of institutional support for innovation, which provides a wide system of opportunities for innovation development. Nevertheless, the Slovak Republic is in the last place in the innovation application within the EU, while the biggest problem seems to be the insufficient connection between R & D on the one hand and companies that could apply new ideas in practice on the other hand. Another big problem is the system of innovation funding, which is a big problem in Slovakia, especially at this time (consequences of the Covid-19 pandemic). Eco-innovation is now an integral part of business strategy in all developed countries. The Slovak Republic is on the last places in EU in this indicator, as the funding of eco-innovations is even more complicated due to the financing of “classic” innovations. Nevertheless, there are several successful eco-innovation projects in Slovakia, which we can consider as a contribution to sustainable development. The eco-innovation index of Slovakia shows that the Slovak Republic belongs to the group of catching-up countries and there is a huge space for improvement, which will probably be used largely in the near future.
eISSN:2083-5906
ISSN:1230-1485