Science, Research, Innovation
Innovation processes, seen as the engine of competitiveness growth, play a major role in creating the image of the region and facilitating its positive development. In cooperation with the Moravian-Silesian Region, Ostrava is mightily striving to provide a base for new technologies and the development of modern technological procedures, supported by research and development.
The projects, such as the IT4Innovations or 4Medical Innovations Ostrava give a clear signal to investors that the region has been developing significantly in the area of the most advanced technologies and the centres of education, research and development. The Moravian-Silesian Innovation Centre Ostrava deals with the formation and strengthening of the innovative ecosystem and support of entrepreneurial activities of mainly the new but also the existing innovative companies.
The private sector and universities remain the two key pillars supporting and driving research and development. Private-sector companies in the Region have substantially increased their investment in research and development during recent years as you can see from the graph below. For an overview of innovative companies in the Moravian-Silesian Region and the city of Ostrava go HERE.
Source: Czech Statistical Office (December 2020), own processing