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Analysis Of The Correlation Between Innovation And Ict Readiness For The Eu-27 Member States

Author

Listed:
  • Daniela Alexandra CriÈ™an

    (Romanian-American University)

  • Justina Lavinia Stănică

    (Romanian-American University)

Abstract

Investing in research, development, education, and skills is a key policy area for the EU, as it is essential for economic growth and the development of a knowledge-based economy. But how investments in R&D and the most qualified segment of the workforce will influence innovation? Is there a link between these factors? In the last years, we investigated how Innovation and ICT are linked. Results obtained proved that there is a linear correlation between the two factors. In this paper we’ll continue our research, extending the analysis with more recent data and using new indicators. The analysis presented here refers to the EU-27 Member States and the indicators used are the Summary Innovation Index, published by the European Commission in the European Innovation Scoreboard and two indicators that measure the ICT Readiness, namely: the Human Resource Science and Technology Index (HRST) and the Gross Domestic Expenditure on R&D (GERD), both published by the Eurostat organism.

Suggested Citation

  • Daniela Alexandra CriÈ™an & Justina Lavinia Stănică, 2022. "Analysis Of The Correlation Between Innovation And Ict Readiness For The Eu-27 Member States," Journal of Information Systems & Operations Management, Romanian-American University, vol. 16(2), pages 35-45, December.
    • Handle: RePEc:rau:jisomg:v:16:y:2022:i:2:p:35-45
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    File URL: http://www.rebe.rau.ro/RePEc/rau/jisomg/WI22/JISOM-WI22-A04.pdf
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    References listed on IDEAS

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    1. repec:rau:journl:v:8:y:2014:i:1:p:197-206 is not listed on IDEAS
    2. Ana-Maria Preda & Daniela Alexandra Crisan & Justina Lavinia Stanica, 2014. "The Impact Of Ict On Innovation Performance In Europe. Case Of Romania," Journal of Information Systems & Operations Management, Romanian-American University, vol. 8(1), pages 197-206, May.
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