Darius Sargautis, BA School of Business and Finance, Latvia
The Research and Development (R&D) as company’s structure unit is a key driver of technological innovation and is the most widely used in determining the technological innovation capacity of companies. The organization of R&D may be referred to as one of the key factors that have a direct effect on R&D’s successful performance. Until now, there was no model allowing to estimate the effect of individual success factors on the R&D specific determinants of innovation The fresh look at the organizational factors identifying the R&D relationships with the determinants of innovation in certain industries, in this case bioethanol industry, reveals a deeper idea about the existing interactions between the objects of interdisciplinary research. The main findings of study describes interrelations between organizational factors and success of R&D activities which directly influence company’ technological innovativeness in bioethanol industry. The required data to determine R&D organisational factors as critical success factors (CSF) is collected through survey results in EU bioethanol industry. For claim verification and establishing the relationships between organizational critical success factors of R&D and determinants of technological innovation in the bio-ethanol industries study includes analyses of activities of European bioethanol producers, descriptive statistics methods, econometric analysis and data evaluation.
R&D, innovation, bioethanol industry, critical success factors.