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Knowledge And Innovation As A Competitive Advantage Of Republic Of Croatia

Author

Listed:
  • Ante Roncevic

    (University North, Croatia)

  • Petra Ostojic

    (University North, Croatia)

Abstract

Knowledge and investment in innovation is becoming the main criteria of competitiveness. The purpose of this paper is to examine concepts of knowledge, innovation and competitiveness. To prove the stated, comparative analysis was conducted on Eurostat data on EU public expenditure on education. Further analysis involved the data of employed and unemployed persons depending on the completed educational program in Croatia. Furthermore, a benchmarking of countries' innovation performance was carried out based on the Global Innovation Index, the Bloomberg Innovation Index and the European Innovation Scoreboard. The aim was to determine the most competitive economies compared to Croatia. The third analysis included innovation performance of Croatian companies. The contribution of the paper is visible in the analysis of the theoretical determination of knowledge and its development completed with the list of future jobs. The importance of the paper is reflected in the necessity of creating strategies corresponding to the future.

Suggested Citation

  • Ante Roncevic & Petra Ostojic, 2023. "Knowledge And Innovation As A Competitive Advantage Of Republic Of Croatia," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 32(1), pages 273-292, june.
    • Handle: RePEc:avo:emipdu:v:32:y:2023:i:1:p:273-292
    DOI: 10.17818/EMIP/2023/1.14
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    References listed on IDEAS

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    1. Nour Nassar & Manuela Tvaronavičienė, 2021. "A systematic theoretical review on sustainable management for green competitiveness," Post-Print hal-03583948, HAL.
    2. Nour Nassar & Manuela TvaronaviÄ ienÄ—, 2021. "A systematic theoretical review on sustainable management for green competitiveness," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 3(2), pages 267-281, June.
    3. Philipp Koellinger, 2008. "Why are some entrepreneurs more innovative than others?," Small Business Economics, Springer, vol. 31(1), pages 21-37, June.
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    More about this item

    Keywords

    knowledge; innovation; competitiveness; education policy; economic growth;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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