INNOVATION IN THE EUROPEAN UNION
In the contemporary knowledge-based society, innovation, as a vector used for the application and promotion of inventions and innovations, is one of the main sources used for obtaining a sustainable competitive advantage. The present paper points out the main directions which the European Commiss...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Nicolae Titulescu University
2014-11-01
|
Series: | Global Economic Observer |
Subjects: | |
Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_002.pdf |
Summary: | In the contemporary knowledge-based society, innovation, as a vector used for the application and
promotion of inventions and innovations, is one of the main sources used for obtaining a sustainable
competitive advantage.
The present paper points out the main directions which the European Commission aims to develop in the
sphere of innovation, within the context of the Initiative: “A Union of Innovation”, which is part of the Europe
2020 Strategy. The paper analyses the performances accomplished by the EU states in the area of innovation
while developing an international perspective that may represent the starting point in identifying solutions
whereby the EU could reduce the gaps that exist in relation to the main international competitors, i.e. South
Korea, USA and Japan. |
---|---|
ISSN: | 2343-9742 2343-9750 |