Research background: Globalization and the associated growing global competition provide incentives for the adoption of new technologies and innovations. In general, innovations could be considered as a dominant driver of the economic growth. However, current environmental challenges and sustainable development support the diffusion of eco-innovations to foster green growth. In terms of its global position, a country is often compared to its neighbouring countries, which are often the most important trading partners in the international market. Purpose of the article: This paper is focused on the evaluation of eco-innovation performance of the V4 countries with emphasis on the Slovak Republic. Methods: The article applies selected indicators of the Global Innovation Index to provide insightful data on countries' eco-innovation performance from the different V4 countries by applying the correlation analysis. Findings & Value added: The results compare the state of selected indicators of innovation within the V4 countries and describe the current position of the Slovak Republic. The results demonstrate the relative strengths within all selected countries in the sub-pillar Ecological Sustainability and significant eco-innovation potential.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.