The impact of the innovative performance of the country on its economic development

Innovations are a way how to improve the quality of life, support sustainable solutions, attract talent, increase competitiveness, or increase GDP. The aim of the article is to verify the dependence of GDP per capita on the innovation performance of the country by the regression and correlation anal...

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Main Author: Katarína Belanova
Format: Article
Language:deu
Published: DOBA Business School Maribor 2024-01-01
Series:Mednarodno Inovativno Poslovanje
Subjects:
Online Access:https://journal.doba.si/OJS/index.php/jimb/article/view/336
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author Katarína Belanova
author_facet Katarína Belanova
author_sort Katarína Belanova
collection DOAJ
description Innovations are a way how to improve the quality of life, support sustainable solutions, attract talent, increase competitiveness, or increase GDP. The aim of the article is to verify the dependence of GDP per capita on the innovation performance of the country by the regression and correlation analysis. The secondary data contained in the European Innovation Scoreboard 2023 (for the innovation performance) and the related EUROSTAT datasets within the EU countries (for the level of countries‵ wealth) were used. According to the results, there is a significant interdependence between innovation performance of the country and its wealth. There have not been many empirical studies realized in Slovakia yet. The author herself dealt with the evaluation of the innovation performance of the SR in her previous studies. Her motivation is to use quantitative method to analyse this issue in a more detail.
format Article
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institution Kabale University
issn 1855-6175
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publishDate 2024-01-01
publisher DOBA Business School Maribor
record_format Article
series Mednarodno Inovativno Poslovanje
spelling doaj-art-6a6ec9fbf0d44d8a976db8a5794cb7b32025-02-03T09:34:38ZdeuDOBA Business School MariborMednarodno Inovativno Poslovanje1855-61752024-01-0115211010.32015/JIBM.2023.15.2.8336The impact of the innovative performance of the country on its economic developmentKatarína Belanova0University of EconomicsInnovations are a way how to improve the quality of life, support sustainable solutions, attract talent, increase competitiveness, or increase GDP. The aim of the article is to verify the dependence of GDP per capita on the innovation performance of the country by the regression and correlation analysis. The secondary data contained in the European Innovation Scoreboard 2023 (for the innovation performance) and the related EUROSTAT datasets within the EU countries (for the level of countries‵ wealth) were used. According to the results, there is a significant interdependence between innovation performance of the country and its wealth. There have not been many empirical studies realized in Slovakia yet. The author herself dealt with the evaluation of the innovation performance of the SR in her previous studies. Her motivation is to use quantitative method to analyse this issue in a more detail.https://journal.doba.si/OJS/index.php/jimb/article/view/336innovations, economic development, regression analysis
spellingShingle Katarína Belanova
The impact of the innovative performance of the country on its economic development
Mednarodno Inovativno Poslovanje
innovations, economic development, regression analysis
title The impact of the innovative performance of the country on its economic development
title_full The impact of the innovative performance of the country on its economic development
title_fullStr The impact of the innovative performance of the country on its economic development
title_full_unstemmed The impact of the innovative performance of the country on its economic development
title_short The impact of the innovative performance of the country on its economic development
title_sort impact of the innovative performance of the country on its economic development
topic innovations, economic development, regression analysis
url https://journal.doba.si/OJS/index.php/jimb/article/view/336
work_keys_str_mv AT katarinabelanova theimpactoftheinnovativeperformanceofthecountryonitseconomicdevelopment
AT katarinabelanova impactoftheinnovativeperformanceofthecountryonitseconomicdevelopment