IMPACT OF THE INNOVATION PROCESS ON SUSTAINABLE DEVELOPMENT STRATEGIES AND POLICIES

Abstract

Today, there is a predominant strategy based on competitiveness and sustainability, which is shared by nations, international organizations and companies around the world. That is, there is a sharing, understanding that today’s society is immersed in a complex process of globalization, growing unequally and, therefore, is facing a period of great challenges and opportunities that must be addressed, at least in part, by placing innovation and sustainability at the centre of the agenda, competitiveness not the only determining factor of the world economy. All forms of technological innovations, which can lead to sustainable development, such as: innovation processes, product innovations, organizational innovations, market innovations must be considered. Sustainable development can be supported by the innovation process at different levels: national, regional, and international, where it manifests itself separately.

Keywords

• sustainable development
• innovation
• entrepreneurial initiatives
• innopreneur
• economic needs
• social responsibility