Formation of an Innovation System of the European Union

Belozubenko Vladimir S (), Gorina Anna A. () and Abrashka Olga V. ()
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Belozubenko Vladimir S: Donetsk National University of Economy and Trade named after M. Tugan-Baranovsky
Gorina Anna A.: Donetsk National University of Economy and Trade named after M. Tugan-Baranovsky
Abrashka Olga V.: Donetsk National University of Economy and Trade named after M. Tugan-Baranovsky

Business Inform, 2013, issue 5, 8_12

Abstract: The article justifies a necessity to study a common innovation system of EU. It considers theoretical and methodological foundations of formation of international innovation systems and justifies expediency of development of this concept. It identifies models of formation of international innovation systems on the basis of integrational grouping and international economic organisation. It offers interpretation of the international innovation system as a spatial and integrational formation, which is based on common institutional foundations and markets and has a specific architecture. It marks stages of formation of the EU innovation system, its main elements and uniting mechanisms. It justifies that consolidation of the innovation system of EU is facilitated by instruments of the common innovation policy and creation of information systems and networks. It marks components of the institutional architecture of the EU innovation system, its administration and legal foundations and structural and functional components. It identifies that the EU innovation system covers innovation systems of lower levels of the hierarchy (national, regional and sectoral).

Keywords: innovation; innovation system; innovation policy; evolution; institutional architecture (search for similar items in EconPapers)
Date: 2013
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