SWS Academic Research eLibrarySocial Sciences & Art

Scholarly record

CORRELATION BETWEEN INNOVATION AND COMPETITIVENESS IN EUROPEAN UNION COUNTRIES

Angela Albu, M. State

First published: 2018https://doi.org/10.5593/sgemsocial2018/1.3/S04.066View metrics

Abstract

The innovation becomes vital for increasing the competitiveness of national economies. Innovation means investment in R & D by the private sector, large research institutions and extensive collaborations between universities and industry. The aim of this paper is to study the relationship between innovation and competitiveness in European Union countries. Ensuring future economic growth will require solutions that are more creative than any we have seen so far. The European economies faced a long period of low growth and it is the time to re-build more competitive economic environment for a new period of growth. For this it is necessary to analyze the evolution from the last 10 yearsВ’ period in order to be able to design new growth strategies. In the same time, there are new challenges especially regarding the resource consumption, environmental issues and social problems. A more competitive economy is the place where economic, environmental and social factors are harmonized to create growth and well-being for the population. The research methodology is based on a correlation analysis of the data collected from the World Economic ForumВ’s Global Competitiveness Report between 2008-2017. The results show results show that almost 10 years after the financial crisis, economies in the European Union countries have a strong correlation in terms of innovation and competitiveness.

Publication Impact Profile

PlumX
No metrics available.
PLUMX see details

Publication details

Title
CORRELATION BETWEEN INNOVATION AND COMPETITIVENESS IN EUROPEAN UNION COUNTRIES
Authors
Angela Albu, M. State
Proceedings
5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
Publisher
STEF92 Technology
Year
2018
Pages
541-548
SWS Citekey
Albu20184541548
ISSN
2367-5659
ISBN
978-619-7408-63-8
Language
en
Publication type
Proceedings Paper
Keywords
innovationcompetitivenesscorrelation
ReferencesPending
Pendingreferences will be imported from Crossref/SWS source data

Structured references will appear here after the reference import pass. The count is preserved now so the scholarly record is not incomplete.

View or Download full articleAccess options
Full paper accessChoose SWS login, librarian support, or instant article download.

SWS access login

Login as SWS Scientific Committee

Authors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.

For librarian assistance: [email protected]

Purchase Instant Access

48-hour online accessComing soon
Online-only accessComing soon
Download the full article in PDF formatEUR 35
  • Article can be downloaded after successful payment.
  • Article may be used according to SWS library access terms.
  • Article cannot be redistributed.
Get full paper

Back to publication list