Economy Based on Knowledge and Innovation - the Case of European Single Market

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F19%3A10245270" target="_blank" >RIV/61989100:27510/19:10245270 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Economy Based on Knowledge and Innovation - the Case of European Single Market

Original language description

Maintaining competitiveness in a globalizing global economy is one of the reasons why the EU and its individual Member States are striving to develop a knowledge e-based economy with increasing intensity. In this context, the Lisbon Strategy and the follow-up Europe 2020 Strategy were presented. This paper highlights the concept of the knowledge economy, an economy where knowledge and innovation are the main engines of economic growth and prerequisite of a competitive economy. Main attention is paid to the role of knowledge and innovation in the context of the transition from an industrial economy to a knowledge- based economy. The aim of this paper is to discuss and analyse the relationship between the development of the knowledge economy and the macroeconomic competitiveness of countries, on the example of 28 European Union Member States participating in the European Single Market. This is evaluated and confi rmed by the correlation between the Innovation Index and the Global Competitiveness Index among the EU Member States. The methodology and database of the World Economic Forum were chosen from a number of methodological approaches to measure country competitiveness and the state of the knowledge economy through the prism of innovation as one of the most important aspects of the knowledge-based economy.

Czech name

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Czech description

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Type

C - Chapter in a specialist book

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Book/collection name

EU Facing Current Challenges, Opportunities, Crisis &amp; Conflicts

ISBN

978-83-8017-307-1

Number of pages of the result

14

Pages from-to

36-49

Number of pages of the book

185

Publisher name

ELIPSA

Place of publication

Warszawa

UT code for WoS chapter

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