<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The ability of the national economy to create and to valorize innovations on the market in order to produce economic goods represents its national innovation capacity, which is at the same time a key determinant of countries’ economic progress. Due to this fact, its relevance imposes the task of identifying, as accurately as possible, the key theoretical postulates on which this concept is based, as well as calculating the Innovation capacity index by which it is possible to predict progress in building innovation capacity of individual countries and mutual comparison with other countries according to innovation capabilities. After a brief explanation of the essence of learning, on which this concept is based, an attempt is made to calculate the Innovation capacity of the European Union and the Western Balkans, on the one hand, and to consider the interdependence of the obtained results and the achieved level of their economic development in 2020, on the other hand. The results of the research confirmed the strong connection between the Innovation capacity index and the achieved level of economic development of countries expressed in terms of gross domestic product per capita.</p>
</abstract>

The ability of the national economy to create and to valorize innovations on the market in order to produce economic goods represents its national innovation capacity, which is at the same time a key determinant of countries’ economic progress. Due to this fact, its relevance imposes the task of identifying, as accurately as possible, the key theoretical postulates on which this concept is based, as well as calculating the Innovation capacity index by which it is possible to predict progress in building innovation capacity of individual countries and mutual comparison with other countries according to innovation capabilities. After a brief explanation of the essence of learning, on which this concept is based, an attempt is made to calculate the Innovation capacity of the European Union and the Western Balkans, on the one hand, and to consider the interdependence of the obtained results and the achieved level of their economic development in 2020, on the other hand. The results of the research confirmed the strong connection between the Innovation capacity index and the achieved level of economic development of countries expressed in terms of gross domestic product per capita.

National Innovation Capacity and Economic Progress of Countries

University of Pistina – Kosovska Mitrovica

Economic Themes

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"National Innovation Capacity and Economic Progress of Countries"}

The ability of the national economy to create and to valorize innovations on the market in order to produce economic goods represents its national innovation...

National Innovation Capacity and Economic Progress of Countries

Published Online: Dec 30, 2021

Page range: 297 - 314

Received: Apr 22, 2021

Accepted: Jul 02, 2021

DOI: https://doi.org/10.2478/ethemes-2021-0017

Keywords
national innovation capacity, national innovation system, Innovation capacity index, knowledge, innovation, EU, The Western Balkans

© 2021 Slobodan Cvetanović et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

National Innovation Capacity and Economic Progress of Countries

Published Online: Dec 30, 2021

Page range: 297 - 314

Received: Apr 22, 2021

Accepted: Jul 02, 2021

DOI: https://doi.org/10.2478/ethemes-2021-0017

Keywordsnational innovation capacity, national innovation system, Innovation capacity index, knowledge, innovation, EU, The Western Balkans

© 2021 Slobodan Cvetanović et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
national innovation capacity, national innovation system, Innovation capacity index, knowledge, innovation, EU, The Western Balkans