Eco-innovation in the V4 Countries – Performance, Drivers, Barriers and Progress towards Circular Economy

Abstract:

This paper analyzes eco-innovation performance, drivers and barriers to the eco-innovation activity as well as progress towards circular economy in the V4 countries. The analysis of eco-innovation level obtained by V4 countries from 2010 to 2015 was carried on the basis of the values of Eco-Innovation Index (Eco-I-Index) and the values of individual components of the Eco-I-Index. Then, based on the analysis of the drivers of and barriers to eco-innovation implementation, the key factors were indicated that support or hinder the development of eco-innovations in the V4 countries. Moreover, the values of selected indicators concerning the circular economy model in the V4 Group were compared and the trends in changes thereof were discussed in relation to average values achieved in the European Union member states.