ANALYSIS OF THE EVOLUTION OF INNOVATION IN THE EUROPEAN UNION BASED ON THE INNOVATION UNION SCORED

 
Autor (i): Dăianu Dana Codruta
 
JEL: O31, O52, O10
 
Cuvinte cheie: innovation degree, research and development, competitiveness, European Union, GDP, Pearson coefficient
 
Abstract:
In order to cope with the fierce competition at international level, the European Union has become aware of the need to implement innovation in the fields of the creative economy and beyond. Thus, we can say that at the level of the European Union, innovation is considered to be the driving force for future growth and sustainable development, and is now associated with all types of activities and not just the recognized industries for the promotion of new ones such as software, electronics, biotechnology, telecomunications. In order to enhance research and innovation, two strategies (one already completed and the other under implementation) have been implemented at Union level whereby Member States have focused their efforts on supporting, developing and promoting those activities that lead to sustained development, on an innovative basis. In view of the above mentioned considerations, we have selected this issue of innovation as a research topic in the bachelor thesis. This research aims to present the role and importance of innovation in the Lisbon and Europe 2020 Strategies and to analyze the levels of innovation achieved by the Member States through the Innovation Index - a complex and modern tool for quantifying innovation at Union level. 
 
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