The purpose of this study is to investigate empirically the role of innovation activity in Central and EasternudEuropea (CEE). We also identified those internal and external factors, which might cause improvements inudinnovation performance of CEE companies. Our main focus was on technology-based innovations within theudhealthcare industry. We applied qualitative research methods. Our findings demonstrate that CEE companies within the healthcare industry have significant contribution toudEuropean Union’s innovation performance. We found that key success factors of these organizations are basedudon four elements: knowledge management, access to financial resources, managing formal and informaludnetworks, as well as achieving synergies between technological and non-technological innovations.
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