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Innovation and Entrepreneurship: Advancing Place-Based Growth and Networking Ecosystems

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In the era of global geopolitical shifts, innovation and entrepreneurship are essential to Europe’s resilience, competitiveness, and strategic autonomy. This paper focuses on increase Europe’s competitiveness through instruments feeling innovation and entrepreneurial culture. The paper analyzes the position of European Union at national and regional level according to various global innovation indexes. It examines how to leverage the power of key innovation regions in Europe and how to tap on the potential of the most dynamic innovation hubs in Central and Eastern Europe. The authors examine quantitative databased and present two cases of Paris and Vilnius. The analysis leads to a conclusion that European innovation policy needs to reexamine innovation instruments which are not sufficiently focused on competitiveness and invest more in such instruments as for example the European Innovation Council. On the other hand, the most dynamic innovation ecosystems in CEE regions should be better networked with the leading hubs and used to test new policy approaches.

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  • Golebiowska-tataj Daria & Reimeris Ramojus, 2025. "Innovation and Entrepreneurship: Advancing Place-Based Growth and Networking Ecosystems," JRC Research Reports JRC142615, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc142615
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC142615
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