ANALYSIS OF THE CORRELATION BETWEEN INNOVATION AND ICT READINESS FOR THE EU-27 MEMBER STATES

Daniela Alexandra Crișan () and Justina Lavinia Stănică ()
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Daniela Alexandra Crișan: Romanian-American University
Justina Lavinia Stănică: Romanian-American University

Journal of Information Systems & Operations Management, 2022, vol. 16, issue 2, 35-45

Abstract: Investing in research, development, education, and skills is a key policy area for the EU, as it is essential for economic growth and the development of a knowledge-based economy. But how investments in R&D and the most qualified segment of the workforce will influence innovation? Is there a link between these factors? In the last years, we investigated how Innovation and ICT are linked. Results obtained proved that there is a linear correlation between the two factors. In this paper we’ll continue our research, extending the analysis with more recent data and using new indicators. The analysis presented here refers to the EU-27 Member States and the indicators used are the Summary Innovation Index, published by the European Commission in the European Innovation Scoreboard and two indicators that measure the ICT Readiness, namely: the Human Resource Science and Technology Index (HRST) and the Gross Domestic Expenditure on R&D (GERD), both published by the Eurostat organism.

Date: 2022
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