Vol.7, No.3, August 2018.                                                                                                                                                                             ISSN: 2217-8309

                                                                                                                                                                                                                eISSN: 2217-8333

 

TEM Journal

 

TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS

Association for Information Communication Technology Education and Science


Comparative Analysis of European and Global Innovation Performance Barometers

 

Bogdan FLEACĂ

 

© 2018 Bogdan FLEACĂ, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)

 

Citation Information: TEM Journal. Volume 7, Issue 3, Pages 589-596, ISSN 2217-8309, DOI: 10.18421/TEM73-15, August 2018.

 

Received: 13 March 2018
Accepted: 25 June 2018
Published: 27 August 2018

 

Abstract:

 

Business competitiveness and innovation play an important role in producing new and innovative products, services, and processes which enable productivity, job creation, and finally sustainable development. The growth strategy for Europe sets a great emphasis on the investments in research and innovation in all sectors to address issues of businesses innovation performance and to create circumstances for prosperity: smart, sustainable, and inclusive growth. This paper tackled the importance of innovation and performance and performed a comparative analysis of two well-known instruments envisaged by strategic decision makers to monitor innovation performance and innovation uptake, as key means to identify developments needed for improvement changes: the Innobarometer 2016 – EU business innovation trends and the GE Global Innovation Barometer (GIB) 2018. The results capture and designate main differences and similarities between the two monitoring tools which assess innovation performance. Finally, the author stressed the benefits brought by both monitoring tools for those responsible for making decisions on innovation, products development and research.

 

Keywords –innovation and competitiveness, business performance, process improvements.

 

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