Abstract
The effective operation of national innovation systems can be a source of many opportunities, but it cannot be forgotten that innovation in itself may mean limiting but also generating various types of risks for the functioning of the local market. The main aim of the article is to present the concept and classification of national innovation systems in the world and to try to answer whether the type of NIS determines the level of innovation of the economies of the European Union countries. The following research thesis was formulated in the study: the type of National Innovation System determines a certain level of innovation in the economy of an European Union country, i.e., in countries belonging to a developed NIS, the level of innovation of the economy is higher than in countries belonging to developing systems. The results of the analysis confirm the research thesis. In the empirical part, the level of innovation in the European Union countries was assessed using the synthetic measure of development (SMD) by Z. Hellwig. Based on the obtained values of the synthetic measure of development (innovation), a ranking of the innovation of the economies of the EU countries was compiled and groups of countries with a similar degree of innovation in the economy were distinguished. The developed ranking of the European Union countries was compared with the NSI classification presented in the theoretical part of the article. The study covered 2010 and 2019.
Highlights
Determines the level of innovation of the economies of the European Union countries, the classification of countries in terms of the level of innovation of the economy should be compared with the national innovation system (NIS) classification presented in Section 2 (GMP classification)
In the study presented in the article, the European Union (EU) countries were divided into four groups on the basis of a synthetic measure of innovation of the economy
A comparison of the results of both lists allows us to state that the first two groups of the EU countries in the ranking of innovation of the economy correspond to the developed NIS in the classification of Godinho, Mendoca, Pereira, while the last two to the developing NIS
Summary
Publisher’s Note: MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. The ability to create, apply and disseminate innovation has been treated as the most important factor for sustainable economic growth and development (Dworak 2020). It is emphasized that innovation is the result of interactions between people, organizations and their environment This understanding of innovation is reflected in the concept of National Innovation
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
