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Is Innovation the Premise of Social Progress?

Author

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  • Mihai Mihaela

    (The Bucharest University of Economic Studies)

Abstract

Improving the quality of life involves a complex and multidimensional effort, and previous efforts to measure progress simply did not create a sufficiently nuanced picture of what a healthy society looks like. Social progress is the capacity of a society to meet the basic human needs of its citizens, to establish the areas that enable citizens and communities to improve, respectively to support the quality of their lives and to create the necessary conditions for all individuals to reaches the full potential. At the same time, progress can be considered dependent on the ability to innovate and the ability to adopt innovation. Thus, after analyzing and comparing the data for the Global Social Innovation Index and the Global Innovation Index, we are looking to answer the question which gives the title of these papers: Is innovation the premise of social progress?.

Suggested Citation

  • Mihai Mihaela, 2017. "Is Innovation the Premise of Social Progress?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 105-110, December.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:105-110
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    More about this item

    Keywords

    Global Innovation Index; Social Progress Index; Economic progress; Globalization;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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