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At present, it is widely accepted that the innovation represents the engine for the economic development, increasing the quality of life and building a sustainable future for humanity. Innovation exists from the beginning of mankind, in various forms, but only during the last century, its role increased continuously and became a fundamental element in the development process. European Union started to assess the performance in innovation from 2001 with European Innovation Scoreboard, a composite indicator that cov...

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 gro...

The tourism and hospitality industry is a very dynamic one, with rapid changes and with trends that have to be taken into consideration for assuring good services according to the needs of tourists. One of the most important trends exhibited lately is senior tourism. The reality is that the population in developed countries is aging, and the same trend can be noticed in Middle and Eastern countries. There is a growing market for senior tourism and the organizations in the field have to adjust their activities to o...