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The importance of resource efficiency indicators in assessing eco-innovation in the European Union countries

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  • Lejla TERZIĆ

    (University of East Sarajevo, Bosnia and Herzegovina)

Abstract

The objective of this paper is to examine the range of eco-innovation levels in the area of resource efficiency among the countries that comprise the EU. The resource efficiency output parameters and associated sub-indicators were employed for this goal to be accomplished. The variety of the eco-innovation degree in each member nation of the European Union was analyzed utilizing actual data, and the tendencies for modifications in this heterogeneity were discovered. The evaluation revealed that there continues to be a significant gap between the nation's most and least innovative countries when it comes to the degree of eco-innovation in the variables examined in the member countries of the European Union. According to the data, there is still a significant gap between the nation's most eco-innovative and least eco-inventive nations, with the disparity in eco-innovation levels among the European Union's Member States' indices not decreasing.

Suggested Citation

  • Lejla TERZIĆ, 2024. "The importance of resource efficiency indicators in assessing eco-innovation in the European Union countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(638), S), pages 15-28, Spring.
    • Handle: RePEc:agr:journl:v:1(638):y:2024:i:1(638):p:15-28
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    References listed on IDEAS

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    1. Arundel, A & Kemp, Rene, 2009. "Measuring eco-innovation," Working Papers 10062, University of Tasmania, Tasmanian School of Business and Economics, revised 30 Aug 2010.
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    Cited by:

    1. Lejla Terzić, 2024. "Assessing Progress towards a Circular Carbon Economy in the G20 Countries," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 281-322.

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