A preliminary analysis of the relationship between economic growth and selected innovativeness indicators on the example of four European Union countries

PURPOSE: The article aimed to determine the general relationships between economic growth and development and selected innovativeness indicators in two countries belonging to the leaders of innovativeness in comparison with two countries of Central and Eastern Europe representing moderate innovators. ; DESIGN/METHODOLOGY/APPROACH: Cluster analysis (agglomeration method), elements of descriptive statistics, correlation calculus, and the ADF test were used to study the stationarity of the variables initially. ; FINDINGS: The results have shown that the analyzed innovativeness indicators have flu... Mehr ...