| Authors: |
- Mădălina TOCAN, PhD, Associate Professor, SR III, Affiliation: Ecological University of Bucharest, Romania, Institute for World Economy - Romanian Academy, Romania;
- Oana CHINDRIȘ-VĂSIOIU, PhD, SR III, Affiliation: Institute for World Economy - Romanian Academy, Romania;
- Nicoleta GUDĂNESCU, PhD, Associate Professor, SR III, Affiliation: Hyperion University of Bucharest, Institute for World Economy - Romanian Academy, Romania;
- Anca CRISTEA, PhD, Lecturer, SR III, Affiliation: Hyperion University of Bucharest, Institute for World Economy - Romanian Academy, Romania.
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| Abstract: |
In the actual approach, the innovation is a process by which a domain, product or service is renewed and updated by applying new processes, introducing new techniques or establishing successful ideas to create new value. Innovation does not represent just the new ideas or methods introduction or implementation, but can be defined as a process involving multiple activities to discover new ways of doing things.
In the present paper, we analysed the place occupied by Romania in the european context, through the European Innovation Scoreboard. The purpose of the European Innovation Scoreboard is not to rank economies in terms of innovation, but aim to improve innovation by measuring it as accurately as possible and by identifying policies, best practices and other levers that encourage innovation. The European Innovation Scoreboard supports the EU's commitment to research-development and innovation and to policy development to improve innovation in Europe. According to the latest report of European Innovation Scoreboard Romania is only in the fourth group of innovators in the EU, the emerging ones, which present an innovation performance level below 70% of the European average, our country being in last place in the EU in 2021.
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