Eco-Innovation Performance of Slovakia

Abstract

The aim of the article is to evaluate eco-innovation performance of Slovakia as well as to test the interdependence of the level of patenting of environmental technologies on government budget outlays or appropriations for research and development in the area of environment and energy.In order to test for the interdependence, regression was used. We used the eco-innovation index elaborated by the European Commission to evaluate the eco-innovation performance of Slovakia.The results reveal that the Slovak economy is one of the economies with insufficient eco-innovation performance. However, the regression analysis showed only a slight dependence of the variables surveyed.

Keywords

• environment
• sustainable development
• eco-innovation
• research and developmen
• slovakia