Exploring the Dynamics of Innovation: A Comparative Study of
Nordic and Western European Countries

D 2023

Exploring the Dynamics of Innovation: A Comparative Study of Nordic and Western European Countries

NAMAZOV, Ramil and Leyla SHAHVALADOVA

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

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50202 Applied Economics, Econometrics

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

References:

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

Abstract

V originále

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 MU

Name: Konkurenceschopnost a odolnost regionů: příležitosti a hrozby

Investor: Masaryk University

Citovat

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.

@inproceedings{2357154,
   author = {Namazov, Ramil and Shahvaladova, Leyla},
   address = {Brno},
   booktitle = {XXVI. mezinárodní kolokvium o regionálních vědách. Sborník příspěvků.},
   doi = {http://dx.doi.org/10.5817/CZ.MUNI.P280-0311-2023-16},
   edition = {1.},
   editor = {Klímová, V., Žítek, V.},
   keywords = {region; regional sciences; regional development; regional policy; regional disparities},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {Brno},
   isbn = {978-80-280-0311-1},
   pages = {133-139},
   publisher = {Masaryk University},
   title = {Exploring the Dynamics of Innovation: A Comparative Study of Nordic and Western European Countries},
   url = {https://munispace.muni.cz/library/catalog/view/2228/6673/4335-1/0#preview},
   year = {2023}
}

TY  - JOUR
ID  - 2357154
AU  - Namazov, Ramil - Shahvaladova, Leyla
PY  - 2023
TI  - Exploring the Dynamics of Innovation: A Comparative Study of Nordic and Western European Countries
PB  - Masaryk University
CY  - Brno
SN  - 9788028003111
KW  - region
KW  - regional sciences
KW  - regional development
KW  - regional policy
KW  - regional disparities
UR  - https://munispace.muni.cz/library/catalog/view/2228/6673/4335-1/0#preview
N2  - 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.
ER  -

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. \textit{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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