An analysis of innovation performance of the Western Balkan countries and the EU selective economies group

First of all, the paper offers a theoretical explication of the importance of economic innovation for a country’s economic development. It further considers the metrics of the Global Innovation Index. By means of a box-plot diagram, the article explores the link between basic innovation performan...

Full description

Saved in:
Bibliographic Details
Main Authors: Cvetanović Slobodan, Nedić Vladimir
Format: Article
Language:English
Published: Institute of International Politics and Economics, Belgrade 2013-01-01
Series:Međunarodni Problemi
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0025-8555/2013/0025-85551301068C.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:First of all, the paper offers a theoretical explication of the importance of economic innovation for a country’s economic development. It further considers the metrics of the Global Innovation Index. By means of a box-plot diagram, the article explores the link between basic innovation performances (Global Innovation Index, Index Innovation Input and Index Innovation output) of the six Western Balkan countries (Albania, Bosnia and Herzegovina, Macedonia, Serbia, Croatia and Montenegro) and a group of six selected European Union economies in the neighbourhood (Austria, Greece, Bulgaria, Romania, Hungary and Slovenia). The aim is to identify the existence of extreme values between the data that reveal the key innovation performance of the two groups including the description of the basic characteristics of the performances which have been examined.
ISSN:0025-8555