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...

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Main Authors: VLADIMIR-CODRIN IONESCU, VIOREL CORNESCU
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
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author VLADIMIR-CODRIN IONESCU
VIOREL CORNESCU
author_facet VLADIMIR-CODRIN IONESCU
VIOREL CORNESCU
author_sort VLADIMIR-CODRIN IONESCU
collection DOAJ
description 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.
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institution Kabale University
issn 2343-9742
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language English
publishDate 2014-11-01
publisher Nicolae Titulescu University
record_format Article
series Global Economic Observer
spelling doaj-art-e18d50cea2a442598239cd3a5c169abf2025-08-20T03:41:47ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502014-11-01221420INNOVATION IN THE EUROPEAN UNIONVLADIMIR-CODRIN IONESCU0VIOREL CORNESCU1Faculty of Business and Administration, University of BucharestNicolae Titulescu University of BucharestIn 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.http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_002.pdfinnovationresearch-developmentEuropean UnionEuropa 2020 Strategyeconomic performance
spellingShingle VLADIMIR-CODRIN IONESCU
VIOREL CORNESCU
INNOVATION IN THE EUROPEAN UNION
Global Economic Observer
innovation
research-development
European Union
Europa 2020 Strategy
economic performance
title INNOVATION IN THE EUROPEAN UNION
title_full INNOVATION IN THE EUROPEAN UNION
title_fullStr INNOVATION IN THE EUROPEAN UNION
title_full_unstemmed INNOVATION IN THE EUROPEAN UNION
title_short INNOVATION IN THE EUROPEAN UNION
title_sort innovation in the european union
topic innovation
research-development
European Union
Europa 2020 Strategy
economic performance
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_002.pdf
work_keys_str_mv AT vladimircodrinionescu innovationintheeuropeanunion
AT viorelcornescu innovationintheeuropeanunion