Innovation of the economies of European Union countries in 2009-2016

Abstract:

: The impact of innovation on the competitiveness of economies is one of the priorities of modern economic policy. Economists' views on the innovativeness of economies and the factors that influence the building or weakening of international position of each country have led to the creation of various rankings published by scientific institutes. These rankings not only determine the innovation of the individual countries, but also the factors that incite or discourage countries from doing innovative activities. The aim of this article is to present the results of a comparative analysis of changes in the innovativeness of the economies of the European Union over a period of 7 years. The analysis used the results of the Summary Innovation Index (SII) used in the European Innovation Scoreboard (EIS).