Innovative Potential of the European Union’s Member States  in 2017

Prof.,; dr,

doi:10.35808/ersj/1496

Cited by 2 publications

(6 citation statements)

References 5 publications

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“…The advantages of the improved methodological approach, in contrast to the considered author's indices [3][4][5]7] and indices of international institutions [22][23][24]26], include a formalized approach to the selection of index components and the assessment of weighting coefficients. Thus, the methods in [22,24,26] are based on expert evaluation, the developed methodological approach makes it possible to reasonably choose the components of the innovative potential.…”

Section: Discussion Of Results Of Assessing the Level Of Innovation P...mentioning

confidence: 99%

“…From the review of literary sources [3][4][5][6][7], there are three groups of methodological approaches to assessing the level of innovation potential of countries. The first methodical approach is based on the use of a set of indicators selected in a logical way or another and the conditions on the basis of which the country belongs to a particular group are formed.…”

Section: The Study Materials and Methodsmentioning

confidence: 99%

“…Analysis of literary sources [3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18] related to the study of the innovative potential of the countries of the European Union allowed us to identify the main directions of relevant research. These areas can be divided into the following groups:…”

Section: Literature Review and Problem Statementmentioning

confidence: 99%

“…Paper [3] formed an approach to assessing the level of innovation potential of the European Union countries on the basis of multidimensional statistics and rating approach. Also, study [4] proposed new approaches to assessing the level of innovation potential of the European Union, based on ranking. But the issues of a comprehensive indicator approach to assessing the level of innovation potential still remain unresolved.…”

Section: Literature Review and Problem Statementmentioning

confidence: 99%

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Improvement of the methodical approach to assessing the level of innovation potential of the countries of the European Union

Revenko

Romanenkov

Hatylo

et al. 2023

EEJET

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This paper has solved the task to improve the methodical approach to modeling the integrated index for assessing the level of innovation potential of the European Union countries as a component of the monitoring system. The object of the study is the process of ensuring the innovative development of the European Union; the subject is the model and methods for assessing the level of innovation potential. The relevance of the chosen topic corresponds to the processes associated with innovative development occurring in the world economy and economy of the European Union, as well as the need to evaluate them. Practical activities for integrated assessment of the level of development of innovative potential of countries are considered. Among the methods for assessing the innovation potential, the most widely used are the rating method, integral indices, and sets of indicators. The main disadvantages of the existing methods have been analyzed and outlined, which made it possible to improve the approach that enables to overcome the main problems outlined. An improved methodological approach to assessing the level of innovation potential of the European Union countries consists of a sequence of stages and allows formalizing the process of selecting the components of the integrated index and evaluating the weighting coefficients for these components. The improved methodological approach was tested on data on the innovative development of the countries of the European Union, which made it possible to identify groups of countries according to its level. The methodological approach can improve the analytical support for assessing the level of innovative development, highlight the weaknesses and strengths of the innovation ecosystems of the European Union countries, as well as increase the effectiveness of their innovation policy. The ways to overcome problems in disparities in innovative development between the countries of the European Union, as well as to increase the level of their innovative potential, are considered

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Section: Discussion Of Results Of Assessing the Level Of Innovation P...mentioning

confidence: 99%

Section: The Study Materials and Methodsmentioning

confidence: 99%

Section: Literature Review and Problem Statementmentioning

confidence: 99%

Section: Literature Review and Problem Statementmentioning

confidence: 99%

See 2 more Smart Citations

Improvement of the methodical approach to assessing the level of innovation potential of the countries of the European Union

Revenko

Romanenkov

Hatylo

et al. 2023

EEJET

View full text Add to dashboard Cite

show abstract

“…The enlargement of the European Union from 15 to 25 member states in 2004, as well as the accession of Bulgaria and Romania in 2007 and the entry of Croatia in mid 2013 significantly changed economic picture of this regional integration block (Pawlas, 2016). The so-called "Eastern enlargement" caused a significant increase in internal diversity of the EU (Pawlas, 2016, p. 81) in terms of economic, political and social sphere (Prisecaru, 2017;Proniewski & Zielińska, 2019;Riedel, 2018;Zielińska-Głębocka, 1999). Although macroeconomic growth in the accession countries (CEEC) has been faster than in the EU, differences in development levels remain significant (Brück et al, p. 189;Ionescu, 2013).…”

Section: Introductionmentioning

confidence: 99%

Eastern enlargement: analysis of development processes in the EU15 in the context of creative destruction

Szczepkowska-Flis

Kozłowska

2021

EiP

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Motivation: Studies on the impact of the Eastern enlargement on economies of the EU15 indicate that the new member states could not be a significant engine for development processes. However, this does not exclude that the Eastern enlargement and acceding countries could have a significant impact on the mechanisms of the development of the EU15. If we consider Eastern enlargement as a Schumpeterian innovation, its long-term effects should be evident in the way creative destruction affects economic development. Aim: The aim of the study was to determine the impact of the Eastern enlargement on the economic development of the EU15 in the context of creative destruction. In particular, the aim of the empirical analyzes was to determine whether and to what extent the enlargement of the EU was a factor modifying the impact of creative destruction on the development of “old” members countries, and to identify the role of the new member states in these processes. Results: Econometric analysis confirmed that creative destruction influenced economic development in the EU15, and that Eastern enlargement was a factor modifying the relationship between creation, destruction, and the rate of change of GDP per capita. The Eastern enlargement has mobilized two opposing forces. The “internal” force resulting from market selection in the EU15, which after 2004 became an active component of creative destruction, contributing however to a lower rate of change in GDP per capita. The “external” force, related to the mechanism of transmission of impulses within the grouping: synergy effects from destruction in new member countries were a catalyst for the development processes of the EU15, and synergy effects from creation were inhibitors for these processes. In the context of our research the “development leaders” can be considered the largest beneficiaries of Eastern enlargement in the EU15.

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Innovative Potential of the European Union’s Member States in 2017

Cited by 2 publications

References 5 publications

Improvement of the methodical approach to assessing the level of innovation potential of the countries of the European Union

Improvement of the methodical approach to assessing the level of innovation potential of the countries of the European Union

Eastern enlargement: analysis of development processes in the EU15 in the context of creative destruction

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