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Title Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study
ID_Doc 4307
Authors Bucea-Manea-Tonis, R; Sevic, A; Ilic, MP; Bucea-Manea-Tonis, R; Sevic, NP; Mihoreanu, L
Title Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study
Year 2021
Published Sustainability, 13, 15
DOI 10.3390/su13158290
Abstract The paper aims to develop-based on a particular dual comparative analysis that follows the current European concerns-the concepts of competitiveness and innovation as pillars uprighting companies' resilience, creating ecoinnovative jobs and social inclusion. In their struggle to meet the Circular Economy principles and Green Deal objectives, the countries chosen for analyses-Romania and Serbia-have started implementing added-value blockchain concepts in their societies to thrive in the resilient European market and build empowered societies. According to the World Economic Forum Global Sources of Competitiveness, skills considered in our study refer to businesses' versatility and societies' innovation capability. Based on specific data provided by Eurostat, the results showed a correlation between the ecoinnovation index and R&D personnel by sector and helped design a regression model. Hence, we demonstrate that R&D creativity, once stimulated through innovative teaching, blooms, having positive effects at society and market levels as reflected in the ecoinnovation index. Furthermore, cluster analysis within E.U. innovation helped identify strengths and weaknesses, provided new grounds in applying innovation, and led to further recommendations.
Author Keywords circular economy; innovation capability and resilience; business dynamics; ecoinnovation index; R&D personnel by sector
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000682326700001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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