NAMAZOV, Ramil and Leyla SHAHVALADOVA. Exploring the Dynamics of Innovation: A Comparative Study of Nordic and Western European Countries. Online. In Klímová, V., Žítek, V. XXVI. mezinárodní kolokvium o regionálních vědách. Sborník příspěvků. 1st ed. Brno: Masaryk University, 2023, p. 133-139. ISBN 978-80-280-0311-1. Available from: https://dx.doi.org/10.5817/CZ.MUNI.P280-0311-2023-16.
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Basic information
Original name Exploring the Dynamics of Innovation: A Comparative Study of Nordic and Western European Countries
Authors NAMAZOV, Ramil (31 Azerbaijan, guarantor, belonging to the institution) and Leyla SHAHVALADOVA (31 Azerbaijan).
Edition 1. vyd. Brno, XXVI. mezinárodní kolokvium o regionálních vědách. Sborník příspěvků. p. 133-139, 7 pp. 2023.
Publisher Masaryk University
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50202 Applied Economics, Econometrics
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Publication form electronic version available online
WWW URL
RIV identification code RIV/00216224:14560/23:00132825
Organization unit Faculty of Economics and Administration
ISBN 978-80-280-0311-1
Doi http://dx.doi.org/10.5817/CZ.MUNI.P280-0311-2023-16
Keywords in English region; regional sciences; regional development; regional policy; regional disparities
Tags International impact, Reviewed
Changed by Changed by: Mgr. Pavlína Kurková, učo 368752. Changed: 6/2/2024 10:35.
Abstract
The study aims to employ a comparative analysis of various indicators such as R&D expenditure, patent applications, human resources in R&D, and employment in high-tech sectors to identify similarities and differences in innovation performance between the two groups of countries: the Nordic countries (Finland and Sweden) and Western European countries (Netherlands and Belgium). The researchers collected data from Eurostat to conduct the analysis. The methodology used a comparative approach to identify notable trends or differences between the Nordic and Western European regions based on results from innovation indicators. While the researchers were able to present data on human resources in science and technology (HRST) and the percentage of employment in high-tech sectors for NUTS 2 regions, other two indicators gross domestic expenditure on R&D and patent applications are analyzed from country perspective due to the lack of data available for some regions. Nonetheless, using indicators for both country and NUTS 2 provides valuable insights into the innovation performance from both a country and regional perspective. The study finds that Nordic countries generally perform better in terms of innovation indicators in high sectors compared to the other Western European countries.
Links
MUNI/A/1223/2022, interní kód MUName: Konkurenceschopnost a odolnost regionů: příležitosti a hrozby
Investor: Masaryk University
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