Assessment of Innovativeness of the EU Candidate Countries Based on the European Innovation Scoreboard

Authors

  • Edyta Dworak Uniwersytet Łódzki, Wydział Ekonomiczno-Socjologiczny, Katedra Gospodarki Światowej i Integracji Europejskiej image/svg+xml

DOI:

https://doi.org/10.18778/2082-4440.41.02

Keywords:

innovation, innovativeness of an economy, innovation gap, European Innovation Scoreboard, Summary Innovation Index, components of the Summary Innovation Index

Abstract

Innovation is seen as a key capability for maintaining a competitive advantage, creating value for customers, and capturing a larger share of the market. In the contemporary world economy, understood as a set of mutual connections and interdependencies, innovations are crucial for economic growth and competitiveness. Internationalization and globalization processes in the world economy also concern the innovativeness of economies, and are visible in international use of technologies developed within national innovation systems, globalization of the creation and implementation of innovations, international (global) cooperation in research and development and innovation activities, international (global) protection of intellectual property.

The aim of the article is to assess the level of innovativeness of the economies of selected European Union candidate countries based on the Summary Innovation Index (SII) and its components, as well as to estimate the innovation gap between these countries and the EU average of the Summary Innovation Index in 2023. The analysis was limited to Turkey (TR), Serbia (RS), Albania (AL), Montenegro ME), North Macedonia (MK), Bosnia and Herzegovina (BA) and Ukraine (UA) due to the availability of data describing the Summary Innovation Index, provided for all the EU candidate countries surveyed in the European Innovation Scoreboard. The paper formulates a research thesis assuming that the surveyed EU candidate countries are characterized by a lower level of innovativeness of economies than the EU average of the Summary Innovation Index and its components. Therefore, they show an innovation gap compared to the average for European Union countries in 2023. The results of the analysis only partially confirm this thesis. The article reviewed the literature on the innovation and innovativeness of economies and the innovation gap. The applied methods include descriptive analysis, statistical data analysis and comparative analysis along with statistical data from the European Innovation Scoreboard 2023.

References

Aronson J.K. (2008), Something New Every Day, “Journal of Ambulatory Care Management”, 31(1). https://doi.org/10.1097/01.JAC.0000304100.38120.b2
Google Scholar

Aytekin A., Ecer F., Koruck S., Karamasa, C. (2022), Global innovation efficiency assessment of EU member and candidate countries via DEA-EATWIOS multi-criteria methodology, “Technology in Society”, 68, February. https://doi.org/10.1016/j.techsoc.2022.101896
Google Scholar

Baláž V., Jeck T., Balog M. (2023), Firm performance over innovation cycle: evidence from a small European economy, “Journal of Innovation & Enterpreneurship”, 12(1), December. https://doi.org/10.1186/s13731-023-00298-9
Google Scholar

Baregheh A., Rowley J., Sambrook S., (2009), Towards a Multidisciplinary Definition of Innovation, “Management Decision”, 47(8). https://doi.org/10.1108/00251740910984578
Google Scholar

Cohen W.M., Levinthal D.A. (1989), Innovation and Learning: The Two Faces of R and D., “The Economic Journal”, 99(397). https://doi.org/10.2307/2233763
Google Scholar

Damanpour F., Gopalakrishnan S. (2001), The Dynamics of the Adoption of Product and Process Innovations in Organizations, “Journal of Management Studies”, 38(1).
Google Scholar

Drucker P. (1973), Management: Tasks, Responsibilities, Practices, Harper & Row Publishers, New York.
Google Scholar

Dworak E., Grzelak M.M. (2020), Innowacyjność polskiej gospodarki na tle krajów UE – wybrane aspekty teoretyczne i praktyczne, Wydawnictwo Uniwersytetu Łódzkiego, Łódź. https://doi.org/10.18778/8220-392-9
Google Scholar

Dworak E., Grzelak M.M. (2023), The Innovation Gap of National Innovation Systems in the European Union, “Comparative Economic Research. Central and Eastern Europe”, vol. 26, no. 1. https://doi.org/10.18778/1508-2008.26.01
Google Scholar

European Innovation Scoreboard 2023 (2023), European Commission, Brussels, June 2023, p. 114.
Google Scholar

Gaynor G.H. (2013), Innovation: Top Down or Bottom Up., “IEEE Engineering Management Review”, 41(3). https://doi.org/10.1109/EMR.2013.2274676
Google Scholar

Growiec J. (2012), Zagregowana funkcja produkcji w ekonomii wzrostu gospodarczego i konwergencji, Narodowy Bank Polski, Szkoła Główna Handlowa, Seminarium Instytutu Ekonomicznego NBP, 9 maja, Warszawa.
Google Scholar

Hivner W., Hopkins W.E. (2003), Facilitating, Accelerating, and Sustaining the Innovation Diffusion Process: An Epidemic Modelling Approach, “European Journal of Innovation Management”, 6(2). https://doi.org/10.1108/14601060310475237
Google Scholar

Honcharov Y., Dykha M.V., Voronina V., Milka A., Klymenchukova N. (2023), Forecasting the innovation of Ukraine’s economic development in a global dimension, “Scientific Bulletin of National Mining University”, 1. https://doi.org/10.33271/nvngu/2023-1/174
Google Scholar

https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS?locations (accessed: 27.07.2023).
Google Scholar

Kowalski A.M. (2020), Dynamics and Factors of Innovation Gap Between the European Union and China, “Journal of the Knowledge Economy”, 12. https://doi.org/10.1007/s13132-020-00699-1
Google Scholar

Kraciuk J. (2006), Korporacje transnarodowe a zjawisko luki technologicznej w krajach rozwijających się, “Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego. Ekonomika i Organizacja Gospodarki Żywnościowej”, 61.
Google Scholar

Krugman P. (1979), A model of innovation, technology transfer and the world distribution of in‑come, “The Journal of Political Economy”, 87(2). https://doi.org/10.1086/260755
Google Scholar

Kubielas S. (2013), Innowacje i luka technologiczna w gospodarce globalnej opartej na wiedzy, Wydawnictwo Uniwersytetu Warszawskiego, Warszawa.
Google Scholar

Kubielas S. (2016), Technology gap and economic crisis in new and old Europe, “Studia Ekonomiczne”, 1(88).
Google Scholar

Maradana R.P., Pradhan R.P., Dash S., Guarav K., Jajakumar M., Chatterjee D. (2017), Does innovation promote economic growth? Evidence from European countries, “Journal of Innovation and Entrepreneurship”, 6. https://doi.org/10.1186/s13731-016-0061-9
Google Scholar

Marczewska M., Weresa M. (2023), National Innovation Systems, Knowledge, Resources and International Competitiveness, International Conference on Knowledge Management in Organisations, Conference paper, Part of Communications in Computer and Information Science, 30 May. https://doi.org/10.1007/978-3-031-34045-1_10
Google Scholar

Nawrocki T.L., Kowalska-Jonek I. (2022), Is Innovation a Risky Business? A Comparative Analysis in High-Tech and Traditional Industries in Poland, “Journal of Open Innovation”, 8(155). https://doi.org/10.3390/joitmc8030155
Google Scholar

OECD/Eurostat, 2005, Oslo Manual, Guidelines for Collecting and Interpreting Innovative Data. OECD Publishing, Paris, [in:] Gault F. (2018), Defining and measuring innovation in all sectors of the economy, “Research Policy”, 47. https://doi.org/10.1016/j.respol.2018.01.007
Google Scholar

Okrzesik O. (2018), Directions of increasing innovativeness of economy – the case of Poland, “Economic and Environmental Studies”, 18(1). https://doi.org/10.25167/ees.2018.45.17
Google Scholar

Posner M. (1961), International trade and technical change, Oxford Economic Papers, 13(3), https://doi.org/10.1093/oxfordjournals.oep.a040877
Google Scholar

Potencjał innowacyjny gospodarki: uwarunkowania, determinanty, perspektywy (2016), Narodowy Bank Polski, Warszawa.
Google Scholar

Rogers E.M. (2003), Diffusion of Innovations, 5th ed., The Free Press, New York.
Google Scholar

Roszko-Wójtowicz E., Dańska-Borsiak B., Grzelak M.M., Pleśniarska A. (2022), In search of key determinants of innovativeness in the regions of the Visegrad group countries, “Oeconomica Copernicana”, 13(14), December. https://doi.org/10.24136/oc.2022.029
Google Scholar

Sanjay S., Yogita A. (2022), In search of a consensus definition of innovation: a qualitative synthesis of 208 definitions using grounded theory approach, “The European Journal of Social Science Research”, 35(2). https://doi.org/10.1080/13511610.2021.1925526
Google Scholar

Schumpeter, J.A. (1960), Teoria rozwoju gospodarczego, Państwowe Wydawnictwo Naukowe, Warszawa.
Google Scholar

Stojanović I., Pušzka A., Selaković M. (2022), A Multi-Criteria to the Comparative Analysis of the Global Index on the Example of the Western Balkan Countries, “Economics”, 10(2). https://doi.org/10.2478/eoik-2022-0019
Google Scholar

Strahl, D., Sobczak R. (2017), Conceptual roots for innovation and innovativeness of the economy in Poland, “GeoScape”, 11(1). https://doi.org/10.1515/geosc-2017-0004
Google Scholar

Szajt M. (2020), Innovation distance of Polish regions in relation to European models, “Studies of the Industrial Geography Commission of the Polish Geographical Society”, 34(2). https://doi.org/10.24917/20801653.342.1
Google Scholar

Urabe K. (1988), Innovation and The Japanese Management System, [in:] K. Urabe., J. Child, T. Kagono (eds.), Innovation and Management: International Comparisons, edited by 3–7. Walter de Gruyter, New York. https://doi.org/10.1515/9783110864519-005
Google Scholar

Velo G., Rizzini P. (2008), Erice Statement on Drug Innovation, “British Journal of Clinical Pharmacology”, 65(3). https://doi.org/10.1111/j.1365-2125.2007.03033.x
Google Scholar

Weresa M.A. (2012), Systemy innowacyjne we współczesnej gospodarce światowej, Wydawnictwo Naukowe PWN, Warszawa.
Google Scholar

Weresa M.A. (2014), Polityka innowacyjna, Wydawnictwo Naukowe PWN, Warszawa.
Google Scholar

Zhang W. (2011), Research on Innovation-Generating and Innovation-Transferring, [in:] 2011 International Conference on Management and Service Science, 1–4. IEEE. https://doi.org/10.1109/ICMSS.2011.5997985
Google Scholar

Zhylinska O., Bazhenova O., Zatonatska T., Dluhopolskyi O. (2020), Innovation Process and Economic Growth in the Context of European Integration, “Scientific Papers of the University of Pardubice”, 28(3): 1209. https://doi.org/10.46585/sp28031209
Google Scholar

Ziółkowska W. (2018), Innovativeness of the Polish Economy in the Context of Sustainable Development, “Copernican Journal of Finance and Accounting”, 7(3). https://doi.org/10.12775/CJFA.2018.016
Google Scholar

Downloads

Published

2023-03-31 — Updated on 2024-05-07

Versions

How to Cite

Dworak, E. (2024). Assessment of Innovativeness of the EU Candidate Countries Based on the European Innovation Scoreboard. Ekonomia Międzynarodowa (International Economics), (41), 22–37. https://doi.org/10.18778/2082-4440.41.02 (Original work published March 31, 2023)

Issue

Section

Articles