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Innovation Economy

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The innovation economy refers to an economic system driven by the development and application of new ideas, technologies, and processes. It emphasizes creativity, entrepreneurship, and the commercialization of research, fostering competitive advantage and growth through innovation in various sectors.
lightbulbAbout this topic
The innovation economy refers to an economic system driven by the development and application of new ideas, technologies, and processes. It emphasizes creativity, entrepreneurship, and the commercialization of research, fostering competitive advantage and growth through innovation in various sectors.

Key research themes

1. How do education, innovation capacity, and entrepreneurial dynamics collectively drive economic growth in different national and regional contexts?

This research theme examines the complex interplay between education quality and level, innovation activities, and entrepreneurial incentives (business dynamics such as enterprise birth rates) in shaping economic growth. It highlights the essential role of skilled labor (primarily generated through tertiary education), innovation output, and the business ecosystem in fostering productivity and competitiveness across European and emerging economies. Understanding these relationships is critical for policymakers aiming to allocate resources efficiently, tailor education systems, and create robust innovation environments that collectively enhance economic development.

Key finding: Employing panel regression analysis on data from 2003 to 2020 for European countries, the study finds that tertiary education quality significantly contributes to economic growth, more so than merely the quantity of... Read more
Key finding: Using statistical data from 2000 to 2021, the paper empirically demonstrates that innovation expenditures have a strong positive effect on Azerbaijan’s GDP, contributing approximately 87.7% to GDP variation, compared to... Read more
Key finding: The study applies the New Global Competitiveness Index (NGCI) and survey results from high-tech IT firms to reveal that Serbia’s advancement towards an innovation-driven economy depends heavily on strengthening educational... Read more

2. What institutional and policy mechanisms effectively nurture innovation ecosystems and overcome systemic barriers to technology commercialization and economic transformation?

This theme explores the structural, institutional, and policy frameworks that underpin the development of innovation ecosystems, emphasizing the 'valley of death' in innovation—the critical gap between early-stage R&D and commercial implementation. It includes studies on national innovation systems, governance approaches, and strategic policies at regional and national levels that affect technology transfer, entrepreneur support, and innovation diffusion. Addressing these systemic challenges is vital for fostering sustainable innovation-led growth, especially in economies transitioning towards knowledge-based models.

Key finding: The paper conceptualizes the 'Valley of Death' as an intermediate funding gap in the innovation process where financing for projects transitioning from basic research to commercialization is scarce, despite funding readily... Read more
Key finding: Analyzing Azerbaijan's innovation infrastructure, the study identifies significant institutional weaknesses including underdeveloped motivation mechanisms and low innovation activity among domestic organizations. It advocates... Read more
Key finding: The research highlights how Serbia’s innovation ecosystem development requires coordinated strengthening of educational and research institutions, infrastructure, and policy frameworks. The study underscores that innovation... Read more
Key finding: The article synthesizes emerging innovation policy paradigms that emphasize systemic, multi-sectoral approaches integrating economic, technological, and societal goals aligned with sustainable development challenges. It... Read more

3. How can the integration of international talent and specialized competencies foster innovation capacity and competitiveness in evolving innovation economies?

This theme focuses on human capital development by investigating the role of international talent mobility, educational competencies of graduates, and skills formation aligned with innovation labor market demands. It addresses mechanisms for attracting, retaining, and integrating highly skilled personnel within innovation ecosystems, with an emphasis on cross-sector collaboration, competency frameworks, and educational system responsiveness to technological and entrepreneurial needs. This is crucial for sustaining innovation productivity and global competitiveness.

Key finding: Based on benchmarking four countries, the report reveals that sustainable integration of international talent into innovation economies requires long-term shared visions and strategic intent, supported by coordinated... Read more
Key finding: Through a large-scale survey of engineering graduates in Russia, the study identifies that beyond technical skills, 'general' competencies such as self-organization, openness to new information, learning ability, and... Read more
Key finding: The research demonstrates that forming required professional competences for mechatronics specialists demands effective organizational interaction and coordination between educational institutions, research centers, and... Read more

All papers in Innovation Economy

У статті розглянуто актуальні проблеми розвитку науково-технічного сектору України у сучасних економічних умовах. Метою статті є визначення необхідного обсягу фінансування науки в Україні для виходу її з кризового стану. Основну увагу... more
На основі здійсненого аналізу впровадження науково-технічних розробок у діяльність підприємств у контексті посилення економічної безпеки визначені тенденції використання безпекових, трудових, фінансових ресурсів, виокремлені основні... more
На основі здійсненого аналізу впровадження науково-технічних розробок у діяльність підприємств у контексті посилення економічної безпеки визначені тенденції використання безпекових, трудових, фінансових ресурсів, виокремлені основні... more
P ara muitos analistas do desenvolvimento agropecuário, existe apenas um caminho para os agricultores permanecerem na atividade agropecuária em tempos de mercados globalizados, e tal caminho passa pela competitividade, pela eficiência,... more
I hereby declare that I am the sole author of this thesis. This is a true copy of the thesis, including any required final revisions, as accepted by my examiners. I understand that my thesis may be made electronically available to the... more
This study takes into account the level of involvement of Higher Education Institutions (HEIs) in the Philippines, particularly those located in the National Capital Region on academe-industry partnership. Specifically, it identified the... more
Sustainability is widely expected to become a major driver of innovation activities. Many companies adopt sustainability oriented innovation strategies and innovation policy on the national and EU level is increasingly targeting... more
This booklet was made from the chapter: "Envisioning as an enabling tool for social empowerment and sustainable democracy" writtten by François Jégou and Christophe Gouache, Strategic Design Scenarios and published in:"Responsible living:... more
Постановка проблеми. Інноваційний розвиток підприємства є однією з важливих умов для розвитку країни та її конкурентоспроможності на міжнародних ринках. Оскільки на сучасному етапі розвитку вітчизняні промислові підприємства не... more
O novo contexto econômico, delineado com a abertura de mercado e a estabilização da economia, trouxe uma série de desafios para a cadeia agroalimentar do leite, o que vêm pressionando seus elos a passar por um processo de ajustamento, a... more
Measuring academic excellence is necessary and in many ways useful, as universities is the factory for any future development in a world that is looking for a major stability after the huge development in the technology. Academic... more
O artigo investiga mudanças organizacionais e de normas técnicas na cadeia produtiva leiteira de São Francisco do Brejão, Maranhão, que afetam os pequenos produtores, especialmente pela concentração do beneficiamento para contemplar... more
The Innovation Futures (INFU) project deals with the emergence of new innovation patterns, such as open innovation, user innovation, community innovation, social innovation and design innovation. Based on a foresight exercise, the project... more
The paper aims to contribute towards building foresight capacities for systemic and structural transformations. Experiences from a foresight project exploring future innovation patterns (www.innovation-futures.org) are discussed. Four... more
Pela Tabela 2 pode-se perceber que a produtividade média (t/vaca) varia entre os países em função do tipo de produção adotado e não do tamanho da produção, como na Tabela 1. Os países com maior percentual de gado de leite confinado... more
RESUMO O agronegócio do leite no Brasil tem passado por transformações, sendo uma dessas a rápida e crescente participação do leite longa vida. Nesse sentido, por este trabalho procura evidenciar o processo de transformação da logística... more
O presente trabalho tem como temática principal um dos setores da indústria de alimentos que mais se desenvolve no agronegócio brasileiro nos últimos anos. O artigo trás ao leitor algumas observações sobre os novos investimentos no... more
El proposito del presente trabajo es explorar la relacion entre el enriquecimiento trabajo-familia y la satisfaccion laboral, asi como el efecto moderador de la flexibilidad de recursos humanos en dicha relacion. El enriquecimiento... more
The global economy destabilized by the world financial and economic crises raises the demand for the economic development model of new contents and the corresponding development strategy. This model is relevant for countries with... more
Omówiono wybrane czynniki determinujące dynamizm innowacyjny gospodarki w świetle doświadczeń polskich oraz krajów wysoko rozwiniętych. Przedstawiono wpływ bezpośrednich inwestycji zagranicznych na innowacyjność gospodarki.
O novo contexto econômico, delineado com a abertura de mercado e a estabilização da economia, trouxe uma série de desafios para a cadeia agroalimentar do leite, o que vêm pressionando seus elos a passar por um processo de ajustamento, a... more
Os autores agradecem ao CNPq, à CAPES e à FEE pelo apoio concedido para a realização do estudo. Este material é uma versão em português do artigo apresentado no POMS Cape Town Conference, de 29.06.98 a 02 07,98.
While new organisational models of innovation were intensively discussed in the last decade, there is little systematic exploration concerning their potential for different sectors and areas and their wider implications for economy and... more
The world agribusiness industry is known for its low levels of investment in Research & Development. Incremental technological advances are the tradition. Specifically at the dairy sector, one of the great motivators of innovations is the... more
Монографія розкриває нове вирішення важливого науково-прикладного завдання, що полягає у поглибленні існуючих, розробленні й обґрунтуванні нових науково-методичних положень щодо формування інноваційної моделі розвитку України та її... more
This article describes the benefits of exploiting the IP resulting from research and innovation projects in universities and other research organizations through the attractive option of setting up a spinoff company. It targets university... more
Approaches to innovation have been thoroughly studied in the last decades. It's well understood that an organizations' culture is among the crucial factors for success and renewal of organizations. Yet culture is made by people and their... more
The analysis of approaches to implementing the regional cluster policy has been conducted. The mechatronics specialist's role in the development of innovation processes has been determined and recommendations on forming an infrastructure... more
This report reviews good practices in linking international talent into the innovation economy and covers four benchmark countries: Austria, Canada, Denmark and the Netherlands. The identified good practices are often characterised by... more
The aim of this paper is analyzing the main powder milk buyer markets in the world. This paper firstly shows the current status of the milk world market, as well as the biggest producers, and an overview showing the best leaders in the... more
The author's model of the institutional environment of innovative economy is given, the innovation processes and infrastructure institutions at the current stage of formation of innovation economy of the Azerbaijan Republic are being... more
O Brasil e um dos maiores produtores de leite, ocupando a quinta posicao do ranking mundial. Entre as regioes brasileiras, o Sudeste se sobressai, ao produzir aproximadamente 35% do leite nacional. Diante da relevância desse setor para a... more
The Philippines ranks low in innovative activity. We argue that this inevitably results from unaddressed challenges facing the S&T sector such as lack of government support and private sector participation, low investment levels, lack of... more
This study presents the current state of entrepreneurship education in the Philippines. The status of entrepreneurship education is evaluated through the analysis of entrepreneurship education curricula and practices in the Philippines... more
The studies are aimed at the system approach of the problems affecting the agribusiness. In this approach, the management competition demands internal and inter-organizational efficiency. Thus, it is necessary to associate competitiveness... more
У статті визначено суть та проведено оцінку показників ринку праці за період 2011-2021 роки. Проаналізовано динаміку безробіття в Україні та визначено її вплив на економічне становище нашої країни. Розраховано кількісні параметри... more
The paper highlights key research questions that concern skills and abilities of highly qualified personnel who are employed in the innovation related professions in the labour market. Developing a national system of competencies which... more
Resumo: O Brasil é um dos maiores produtores de leite, ocupando a quinta posição do ranking mundial. Entre as regiões brasileiras, o Sudeste se sobressai, ao produzir aproximadamente 35% do leite nacional. Diante da relevância desse setor... more
The priorities of stabilisation of the Azerbaijan economy require the search for approaches to the organisation of production and economic activities on a new technological basis within the framework of the construction of structures of... more
Abstrak: Pendidikan darah wanita merupakan korpus ilmu yang wajib dikuasai oleh setiap muslim lelaki dan perempuan. Ulama silam telah memperakui kesukaran menguasai ilmu tentang darah wanita. Rentetan itu, berlaku pengamalan bervariasi... more
В статті здійснено оцінку рівня зайнятості та продуктивності праці в Україні, як базового показника оцінки рівня регіонального розвитку та акцентовано увагу на збільшенні цих показників серед громадян усіх вікових груп. Наголошено, що... more
Embora a tecnologia de processamento UHT tenha trazido claras mudanças aos hábitos de consumo dos brasileiros, seu impacto na indústria leiteira e nos agentes da cadeia de suprimento é muito complexa e diversificada. Das peculiaridades na... more
The author's model of the institutional environment of innovative economy is given, the innovation processes and infrastructure institutions at the current stage of formation of innovation economy of the Azerbaijan Republic are being... more
Gulf Cooperation Council (GCC) Family Businesses (FB's)are going through serious challenges to maintain their legacy for more than a third generation. Traditional Corporate Governance have been suggested as the solution for extending... more
Sustainability is widely expected to become a major driver of innovation activities. Many companies adopt sustainability oriented innovation strategies and innovation policy on the national and EU level is increasingly targeting... more
Resumo: O Brasil é um dos maiores produtores de leite, ocupando a quinta posição do ranking mundial. Entre as regiões brasileiras, o Sudeste se sobressai, ao produzir aproximadamente 35% do leite nacional. Diante da relevância desse setor... more
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