Innovation Union and Innovation Activity of Slovenia
Keywords:
EU, innovation, innovation performance, IUS methodologyAbstract
The European Union has realised that innovation is crucial for the competitiveness of companies and economies, since new ideas ensure added value and new sources of growth. Therefore, smart growth or the development of an economy based on knowledge and innovation has become one of the top, if not the number-one priority of Europe 2020. By “Innovation Union”, the EU economy wants to improve the framework conditions and access to funds for research and innovation in Europe, and thus ensure that innovative ideas are turned into products and services that create growth and jobs. The Slovene economic policy also strives to improve the efficiency of innovation activity. This paper presents the IUS methodology, which allows the evaluation of the relative position of Slovenia, other EU countries and the most innovative developed countries, such as the USA and Japan.
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