Abstract
Eco-innovation and green technologies are the key to Europe´s future and they are at the heart of the EU policies. To step towards the sustainable economic growth, there is a need for much more eco-innovation. The aim of the paper is to use the eco-innovation index as an instrument to measure the eco-innovation performance of a country in the global knowledge economy, to analyse and assess the components and indicators of eco-innovation index for Slovakia in the year 2017 and to compare them with those of EU 28. Identified and discussed will be the areas in which the main strengths and weaknesses are evident, formulated will be the main implications for managers and policy makers in Slovakia to improve the state in mentioned area. Following the aim of the paper a set of research questions will be formulated. Our study is based on secondary sources of data coming from the Eurostat and Eco-Innovation Observatory. The methods used in the paper are the method of casual analysis, deduction, abstraction, comparison as well as the synthesis.
Highlights
Europes economic growth over many decades has been fuelled by the intensive use of resources
Eco-innovation becomes an emerging priority of EU policy relating to different aspects of almost all industries [2]
According to the Eco-Innovation Index in the year 2017, Sweden leads the ranking of all EU countries, with an aggregated score of 144
Summary
Europes economic growth over many decades has been fuelled by the intensive use of resources. Today it faces multiple challenges of stimulating the growth, while ensuring that this growth is economically and ecologically sustainable. Water scarcity, land shortages, the depletion of materials and the management of waste are among the most discussed issues posing sustainability challenges [1]. The EUs economic prosperity and well being is linked to its natural environment and the global demand for renewable energy and resource-efficient solutions will be a source of jobs and economic growth in the years to come. To secure (reaching) the environmental protection and economic growth, eco-innovations have a central role. Eco-innovation becomes an emerging priority of EU policy relating to different aspects of almost all industries [2]
Sign-in/Register to view highlights & summary 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.
