INNOVATION AS A WAY OF INCREASING THE COMPETITIVENESS OF THE ECONOMY Cover Image

INOVACIJA KAO NAČIN POVEĆANJA KONKURENTNOSTI PRIVREDE
INNOVATION AS A WAY OF INCREASING THE COMPETITIVENESS OF THE ECONOMY

Author(s): Strahinja Stojković Hadži, Edita Kastratović, Ljiljana Stanković
Subject(s): Economy
Published by: Visoka škola za poslovnu ekonomiju i preduzetništvo
Keywords: Innovation; competitiveness; innovation indicators

Summary/Abstract: Innovation emerged as a subject of major research in the second half of the twentieth century, so thatresearchers observe this period as the beginning of the development of innovation studies. The paperpresents an analysis of relevant literature that indicates innovation as a significant factor in increasingthe competitiveness of the economy. The European System of Innovation Indicators (EIS and IUS) isexplained, which enables a comparable assessment of the success of innovation in EU countries, pointingout the relative strengths and weaknesses of their research and innovation systems. In this way, it helpsMember States to assess areas that would be good to focus on in order to strengthen their profits inthe field of innovation. The paper presents an analysis and a comparative innovation index of Slovenia,Croatia, and Serbia for 2021 according to the IUS methodology.

  • Issue Year: 19/2022
  • Issue No: 1
  • Page Range: 18-25
  • Page Count: 8
  • Language: Serbian