Czech Republic
The responsible state institution for financing and administrating of the R&D in the Czech Republic is the "Ministry of Education, Youth and Sports" [97]. However, the "Research, Development and Innovation Council" defines strategic visions for the future. In the field of applies research, the "Technology Agency of the Czech Republic" was recently established to streamline the governmental support in the applied research while the "Czech Science Foundation", finances the basic research.
National Research and Innovation Strategy for Smart Specialization (National RIS3 Strategy) represents a strategic document providing efficiently focused support to research, development and innovations areas [98]. As a main activity, National RIS3 Strategy provides efficient focus of European, national, regional and private funds on the most promising sectors of research and business. Building of efficient relationships between academic institutions and the business sector represents a partial goal of National RIS3 Strategy. National RIS 3 Strategy constitutes with a preliminary condition for EU funding programmes for research, development and innovations.
The innovation process in the National RIS3 strategy comprises the following:
- Identifying new customer needs and finding technical solutions to satisfy them.
- Searching for, acquiring and coordinating the management of necessary resources (including research results, if needed) and competences.
- Launching the innovation onto the market so that it is well received by customers and so that the launch takes place ahead of the competition.