1. KNOWLEDGE ECONOMY OF THE EU: STRENGTHS AND WEAKNESSES.
- Author
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Vovk, Marta and Braga, Denys
- Subjects
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INFORMATION economy , *INNOVATIONS in business , *INNOVATION management , *ECONOMIC competition , *ECONOMIC development - Abstract
The aim of the article is to analyze strengths and weaknesses of knowledge economy of the EU.We have developed integral Knowledge Economy index (KEi) for analysis of knowledge economy in the EU. There was identified three groups of the EU countries by the KEi index. In view of the need to be in agreement with the postindustrial economy and Lisbon Strategy such disparities in the development of knowledge economy among the EU countries it was create unfavorable conditions for long-term growth as well as for fostering the region’s competiveness and its ability to counter economic shocks.There was concluded that one of the significant driver of the strengthen knowledge economy is the creation of strong institutional bodies. The other set of problems are problems of innovations commercialization. [ABSTRACT FROM AUTHOR]
- Published
- 2017
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