Factors Affecting the Innovation Implementation in Small and Medium-Sized Enterprises in the Czech Republic

The aim of this article is to evaluate the factors influencing the introduction of innovations and innovative solutions in small and medium-sized enterprises (SMEs) in the Czech Republic. For SMEs, competitiveness enhanced by innovative activities is important, their innovation and innovative solutions must be supported by the implementation of enterprise information system. The data obtained from the questionnaire survey, which focuses on SMEs' access to innovation, was used in order to verify the established hypotheses. The data obtained has shown that factors such as higher annual turnover of enterprises and implementation of the corporate information system positively influence the introduction of innovations in SMEs and are the key to the success and enhancement of their business value.