Studies in Business and Economics (Apr 2024)
Eco-Innovation and Higher Education in the European Union: Exploring the Green Interconnection
Abstract
Currently, the emphasis is placed on sustainability, requiring economies to continuously innovate, demonstrating their competence for eco-innovation. This form of innovation is a key concept in today’s world, providing innovative and sustainable solutions to environmental challenges, expecting a high level of education. Thus, this paper aims to explore the relationship between eco-innovation and higher education within the member states of the European Union, concentraiting on the quantitative analysis of the impact of higher education on eco-innovation development in these countries. Applying regression analysis, the eco-innovation index and the level of education in EU countries will be inspected to establish any significant correlation between these two variables. Following the analysis, the collected data involved in the regression method will reveal possible interrelationships and significant influences between the level of education and the degree of eco-innovation development in the member countries of the EU. Conclusively, the research proposes to highlight the influence of higher education in the development of eco-innovation within the European Union. The suggested quantitative analysis could lead to a better understanding of the association between higher education and eco-innovation, revealing the potential that the education sector has in promoting sustainability and a green future for European Union.
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