Western Balkan countries’ innovation as determinant of their future growth and development

Dados Bibliográficos

ID6428562
AutoresAleksandra Fedajev (0000-0002-6974-6631, University of Belgrade), Marija Panic (0000-0001-7287-758X, University of Belgrade, autor correspondente), Živan Živković (0000-0001-6143-3975, University of Belgrade)
Ano2024
Volume38
Fascículo1
Páginas447-475
Data de publicação2024-04-09
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoInnovation The European Journal of Social Science Research (JOURNAL)
Identificadores do periódicoISSN: 1351-1610 • E-ISSN: 1469-8412
EditoraTaylor & Francis (PUBLISHER • GB)
DOI10.1080/13511610.2024.2339939
OpenAlexW4394602243
IdiomaEN
Citações recebidas1
Referências citadas73

The Western Balkan (WB) countries (Albania, Bosnia & Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia) have been trying to become members of the EU for a long time, but they are increasingly moving away from the EU average in terms of development level. The question is whether these countries will be able to catch up with the EU countries in the near future and how they will do it. The reason for such results should be searched into insufficient innovation in these countries. This research aims to perform a comparative analysis of the capabilities and efficiency of the National Innovation System (NIS) in WB and CEE countries using the entropy-based PROMETHEE method for ranking. The rankings are performed using the two most reputable 2022 reports in this area: Global Innovation Index (GII) and European Innovation Scoreboard (EIS). For summarizing the results, the Borda rule is applied. The ranking results for both NIS capabilities and NIS efficiency indicate that WB countries are at the bottom of the rankings, having considerable disadvantages compared to CEE countries. Certain recommendations and guidelines for policymakers in these countries for improving innovation in the future have been defined according to practices from identified benchmarking countries

Development economics · Economic geography · Economics · Geography · Political science · Economic Growth and Productivity · Economic Issues in Ukraine · Regional Development and Policy