Evaluating the determinants of national innovative capacity among European countries
This paper reflects upon the factors that influence the national innovative capacity that is based on the European Innovation Scoreboard database. The aim is to reflect on, and evaluate, the factors influencing national verify how different countries are positioned in terms of innovation outputs and determine which factors distinguish their level of innovative capacity. The results point to the existence of four groups of countries. On the other hand, the factors identified are related to the dimensions of institutional efficiency, namely the efficiency of institutions, types of regulation, effective rule of law and level of corruption, societies’ cultural values associated with the level of hierarchy or “power distance” and “uncertainty avoidance.” Aspects are related to the innovation framework, such as doctorates in science and engineering, business Research & Development expenses, and the level of collaboration for innovation.
