Ivana Janjić – University of Niš, Innovation Centre, University square 2, 18000, Niš, Republic of Serbia
Miljana Talić – University of Niš, Innovation Centre, University square 2, 18000, Niš, Republic of Serbia
Žarko Rađenović – University of Niš, Innovation Centre, University square 2, 18000, Niš, Republic of Serbia
Milica Đokić – University of Niš, Innovation Centre, University square 2, 18000, Niš, Republic of Serbia
Keywords:
R&D;
Eco-Innovation Index;
Eco-innovation;
Eco-innovation performance
Abstract: In today’s business environment, research and development (R&D) and eco-innovation are crucial in determining success on micro and macro levels. This study aims to analyze the significance of R&D for achieving some eco-innovation performance (eco-innovation inputs, eco-innovation activities, eco-innovation outputs) of the EU countries evaluated by the Eco-Innovation Index. Data from the Eco-Innovation Scoreboard is utilized to investigate the average value of eco-innovation performance among EU member states throughout two periods of time 2013-2017 and 2018-2022. Authors have used two-step cluster analysis for grouping similar EU27 countries and gathering outcomes that precisely depict the EU members’ migration among R&D-oriented clusters. The highest indicators’ values in the first period (2013-2017), whereas the lowest share, has the cluster consisting of Denmark, Finland and Sweden. In the second period, the most R&D dominant cluster comprises the same countries as in the first one, including Germany. Other countries such as Bulgaria, have lost their position in the second analyzed period and should put more stress on the R&D policy improvement.
8th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2024 – Selected Papers, Hybrid (Zayed University, Dubai, UAE), October 24, 2024
ITEMA Selected Papers published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania
ITEMA Conference 2024 Selected Papers: ISBN 978-86-80194-90-5, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.S.P.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
