IDEAS home Printed from https://ideas.repec.org/a/avo/emipdu/v32y2023i1p273-292.html
   My bibliography  Save this article

Knowledge And Innovation As A Competitive Advantage Of Republic Of Croatia

Author

Listed:
  • Ante Roncevic

    (University North, Croatia)

  • Petra Ostojic

    (University North, Croatia)

Abstract

Knowledge and investment in innovation is becoming the main criteria of competitiveness. The purpose of this paper is to examine concepts of knowledge, innovation and competitiveness. To prove the stated, comparative analysis was conducted on Eurostat data on EU public expenditure on education. Further analysis involved the data of employed and unemployed persons depending on the completed educational program in Croatia. Furthermore, a benchmarking of countries' innovation performance was carried out based on the Global Innovation Index, the Bloomberg Innovation Index and the European Innovation Scoreboard. The aim was to determine the most competitive economies compared to Croatia. The third analysis included innovation performance of Croatian companies. The contribution of the paper is visible in the analysis of the theoretical determination of knowledge and its development completed with the list of future jobs. The importance of the paper is reflected in the necessity of creating strategies corresponding to the future.

Suggested Citation

  • Ante Roncevic & Petra Ostojic, 2023. "Knowledge And Innovation As A Competitive Advantage Of Republic Of Croatia," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 32(1), pages 273-292, june.
    • Handle: RePEc:avo:emipdu:v:32:y:2023:i:1:p:273-292
    DOI: 10.17818/EMIP/2023/1.14
    as

    Download full text from publisher

    File URL: https://hrcak.srce.hr/index.php/clanak/437744
    Download Restriction: no
    File URL: https://libkey.io/10.17818/EMIP/2023/1.14?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Nour Nassar & Manuela Tvaronavičienė, 2021. "A systematic theoretical review on sustainable management for green competitiveness," Post-Print hal-03583948, HAL.
    2. Nour Nassar & Manuela TvaronaviÄ ienÄ—, 2021. "A systematic theoretical review on sustainable management for green competitiveness," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 3(2), pages 267-281, June.
    3. Philipp Koellinger, 2008. "Why are some entrepreneurs more innovative than others?," Small Business Economics, Springer, vol. 31(1), pages 21-37, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dileni Gunewardena & Abdoulaye Seck, 2020. "Heterogeneity in entrepreneurship in developing countries: Risk, credit, and migration and the entrepreneurial propensity of youth and women," Review of Development Economics, Wiley Blackwell, vol. 24(3), pages 713-725, August.
    2. Müller, Bettina, 2008. "Matching of Individuals for Start-Ups: A Test of the O-Ring Theory," ZEW Discussion Papers 08-112, ZEW - Leibniz Centre for European Economic Research.
    3. Diana Escandon-Barbosa & David Urbano-Pulido & Andrea Hurtado-Ayala, 2019. "Exploring the Relationship between Formal and Informal Institutions, Social Capital, and Entrepreneurial Activity in Developing and Developed Countries," Sustainability, MDPI, vol. 11(2), pages 1-20, January.
    4. Jaeyeob Jeong & Myeonggil Choi, 2017. "The Expected Job Satisfaction Affecting Entrepreneurial Intention as Career Choice in the Cultural and Artistic Industry," Sustainability, MDPI, vol. 9(10), pages 1-16, September.
    5. Yongzhong Yang & Mohsin Shafi, 2020. "How does customer and supplier cooperation in micro-enterprises affect innovation? Evidence from Pakistani handicraft micro-enterprises," Asian Business & Management, Palgrave Macmillan, vol. 19(5), pages 530-559, November.
    6. Aparicio, Sebastian & Urbano, David & Audretsch, David, 2016. "Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 45-61.
    7. Nur Hazelen Mat Rusok Author_Email: hazelen@kelantan.uitm.edu.my & Mohamed Husny Basir & PM Dr. Zainudin Awang & Farahiyah Akmal Mat Nawi, 2011. "The Influence Of Constructive Thought Pattern Strategies On Entrepreneur Innovative Behavior," Annual Summit on Business and Entrepreneurial Studies (ASBES 2011) Proceeding 2011-034-087, Conference Master Resources.
    8. Helena Svaleryd, 2015. "Self-employment and the local business cycle," Small Business Economics, Springer, vol. 44(1), pages 55-70, January.
    9. Andrea Filippetti & Neil Lee, 2021. "Individual risk attitudes and local unemployment: evidence from Italy in the Great Recession," Working Papers 53, Birkbeck Centre for Innovation Management Research, revised Apr 2021.
    10. Joern H. Block & Christian O. Fisch & Mirjam van Praag, 2017. "The Schumpeterian entrepreneur: a review of the empirical evidence on the antecedents, behaviour and consequences of innovative entrepreneurship," Industry and Innovation, Taylor & Francis Journals, vol. 24(1), pages 61-95, January.
    11. Rajah, Nasir & Bamiatzi, Vassiliki & Williams, Nick, 2021. "How childhood ADHD-like symptoms predict selection into entrepreneurship and implications on entrepreneurial performance," Journal of Business Venturing, Elsevier, vol. 36(3).
    12. Walid A. Nakara & Karim Messeghem & Andry Ramaroson, 2021. "Innovation and entrepreneurship in a context of poverty: a multilevel approach," Small Business Economics, Springer, vol. 56(4), pages 1601-1617, April.
    13. Eduardo Terán-Yépez & David Jiménez-Castillo & Manuel Sánchez-Pérez, 2023. "The role of affect in international opportunity recognition and the formation of international opportunity beliefs," Review of Managerial Science, Springer, vol. 17(3), pages 941-983, April.
    14. Juan A. Martínez-Román & Isidoro Romero, 2017. "Determinants of innovativeness in SMEs: disentangling core innovation and technology adoption capabilities," Review of Managerial Science, Springer, vol. 11(3), pages 543-569, July.
    15. Maribel Guerrero & Grace S. Walsh, 2024. "How do entrepreneurs build a resilient and persistent identity? Re-examining the financial crisis impact," International Entrepreneurship and Management Journal, Springer, vol. 20(3), pages 1963-1997, September.
    16. Rafik Abdesselam & Jean Bonnet & Patricia Renou-Maissant & Mathilde Aubry, 2018. "Entrepreneurship, economic development, and institutional environment: evidence from OECD countries," Journal of International Entrepreneurship, Springer, vol. 16(4), pages 504-546, December.
    17. Roy Thurik, 2014. "Entrepreneurship and the business cycle," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-90, October.
    18. Bengtsson, Ola & Ekeblom, Daniel, 2014. "The Bright but Right View? A New Type of Evidence on Entrepreneurial Optimism," Working Paper Series 1008, Research Institute of Industrial Economics.
    19. Amin,Mohammad, 2021. "Does Competition from Informal Firms Impact R&D by Formal SMEs ? Evidence Using Firm-Level Survey Data," Policy Research Working Paper Series 9868, The World Bank.
    20. Alvina Sabah Idrees & Saima Sarwar, 2021. "State effectiveness, property rights and entrepreneurial behaviour as determinants of National Innovation," Australian Economic Papers, Wiley Blackwell, vol. 60(3), pages 392-423, September.

    More about this item

    Keywords

    knowledge; innovation; competitiveness; education policy; economic growth;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:avo:emipdu:v:32:y:2023:i:1:p:273-292. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nebojsa Stojcic (email available below). General contact details of provider: https://edirc.repec.org/data/oedubhr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.