IDENTIFYING OPPORTUNITIES TO IMPROVE COMPETITIVENESS THROUGH INNOVATION ILLUSTRATED ON THE EXAMPLE OF HUNGARY
Abstract
Due to the economic downturn there is an increased need for companies and
economies to outperform their competitors and gain sustainable competitive
adventage. However, competiveness is a complex concept. There are a number of
definitions and methodologies available to define and measure competitiveness.
This study examines the data of a widely referred competitiveness report issued
by the World Economic Forum annually. The analysis focuses on how innovation
contribute to the overall competitiveness, what are the direct and indirect
influencing factors of innovation and how the overall competitiveness may be
improved through improving the innovation related indicators. The process is
illustrated on the example of Hungary in the context of its’ EU and regional
competitive position, with the purpose to identify areas of opportunities to
improve national competiveness through innovation.
Keywords
References
- Balkyté, A., and Tvaronavicien, M., (2010), The inclusion of sustainable development dimension into the competitiveness theory. Department of
- Economics and Management of Enterprises. p. 1. Begg, I. (1999): Cities and Competitiveness, South Bank University, 1999 p. 2.
- Delgalo, M., Ketels, Christian., Porter, M. E., Stern, S. (2012), The determinants of national competitiveness. NBER Working Paper Series. Working Paper 18249.
- National bureau of economic research. July 2012 p. 7.
- Dosi, G. (1988), “The nature of the innovative process” in Dosi,G, Freeman,C et al (eds.) (1988): Technical Change and Economic Theory, Pinter Publishers, London
- European Commission, (2004), DC Enterprise: Innovation Management and the Knowledge-driven Economy. Brussels
- European Commission, Industrial Innovation – Glossary http://ec.europa.eu/enterprise/policies/innovation/glossary/index_en.htm#i Accessed: 18.4.2013.]
- Jaruzelski, B. & Dehoff, K. (2007), The Customer Connection: The Global
- Innovation 1000. Booz Allen Hamilton.
- Mokyr, J. (2004): “Mercantilism, the Enlightenment, and the Industrial
- Revolution”, revised version of paper presented at the Conference in Honor of Eli F. Heckscher in Stockholm, May 2003; from http://mauricio.econ.ubc.ca/pdfs/Mokyr2.pdf. [Accessed: 2.11.2011.]
- Porter, M.E.:(1990), The Competitive Advantage of Nations Macmillan, London
- Porter, M. E., and Stern, S. (2001), National innovative capacity, 2001 p. 1.
- Sala-I-Martin, X., Blanke, J., Drzeniek Hanouz, M., Geiger T., Mia I. (2010): The Global Competitiveness Index 2010–2011: Looking Beyond the Global Economic
- Crisis. World Economic Forum p. 6. Schumpeter, Joseph A. (1934), “The Theory of Economic Development” Harvard
- University Press, Boston Schwab, K. (2012): Global Competititveness Report 2012-2013. World Economic Forum, Geneva
Year 2013,
Volume: 5 Issue: 1, 241 - 250, 01.06.2013
Abstract
References
- Balkyté, A., and Tvaronavicien, M., (2010), The inclusion of sustainable development dimension into the competitiveness theory. Department of
- Economics and Management of Enterprises. p. 1. Begg, I. (1999): Cities and Competitiveness, South Bank University, 1999 p. 2.
- Delgalo, M., Ketels, Christian., Porter, M. E., Stern, S. (2012), The determinants of national competitiveness. NBER Working Paper Series. Working Paper 18249.
- National bureau of economic research. July 2012 p. 7.
- Dosi, G. (1988), “The nature of the innovative process” in Dosi,G, Freeman,C et al (eds.) (1988): Technical Change and Economic Theory, Pinter Publishers, London
- European Commission, (2004), DC Enterprise: Innovation Management and the Knowledge-driven Economy. Brussels
- European Commission, Industrial Innovation – Glossary http://ec.europa.eu/enterprise/policies/innovation/glossary/index_en.htm#i Accessed: 18.4.2013.]
- Jaruzelski, B. & Dehoff, K. (2007), The Customer Connection: The Global
- Innovation 1000. Booz Allen Hamilton.
- Mokyr, J. (2004): “Mercantilism, the Enlightenment, and the Industrial
- Revolution”, revised version of paper presented at the Conference in Honor of Eli F. Heckscher in Stockholm, May 2003; from http://mauricio.econ.ubc.ca/pdfs/Mokyr2.pdf. [Accessed: 2.11.2011.]
- Porter, M.E.:(1990), The Competitive Advantage of Nations Macmillan, London
- Porter, M. E., and Stern, S. (2001), National innovative capacity, 2001 p. 1.
- Sala-I-Martin, X., Blanke, J., Drzeniek Hanouz, M., Geiger T., Mia I. (2010): The Global Competitiveness Index 2010–2011: Looking Beyond the Global Economic
- Crisis. World Economic Forum p. 6. Schumpeter, Joseph A. (1934), “The Theory of Economic Development” Harvard
- University Press, Boston Schwab, K. (2012): Global Competititveness Report 2012-2013. World Economic Forum, Geneva
There are 16 citations in total.
Details
| Other ID | JA88NT74GR |
|---|---|
| Authors | |
| Publication Date | June 1, 2013 |
| IZ | https://izlik.org/JA25MT99JD |
| Published in Issue | Year 2013 Volume: 5 Issue: 1 |