Munich Personal RePEc Archive

Innovation as Part of European Development

Gavrilut, Darie (2018): Innovation as Part of European Development. Published in: Proceedings of the 9th International Conference of Doctoral Students and Young Researchers , Vol. 6, No. 1 (17 December 2018): pp. 121-124.

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Abstract

Abstract: The importance and the long term added value of innovation are vital to the success and maturing of each region, country and union. The purpose of this paper is to present several topics related to innovation and to assess the differences, if any, between different European regions as regards their innovation output. It is worth stating the obvious: not all innovation is equally important and not all translates into economic and social wellbeing. Even so, a constant flow of research output is vital for the general socio-economic enhancement. The overall efforts are concentrated in the following areas: renewable energy, education, fin-tech, bio-tech and security. How can regions tap and increase their innovative and creative output are elements that shall be dealt with through this paper.

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