Ovidius University Annals: Economic Sciences Series (Jan 2016)
Global Competitiveness and Innovation in the Period 2013-2015
Abstract
Understanding the relationship between competitiveness and innovation has become a key topicin the literature in the past decades. In the twenty-first century innovation proves to be an enginefor competitiveness all over the world. Today it is a global game that stimulates economic growthand improves the quality of life. Innovation is driven by numerous actors such as researchinstitutions, multinational and transnational corporations, small and medium enterprises,academic institutions and individuals. The aim of our paper is to present the evolution of globalcompetitiveness and innovation in the period 2013-2015 by using the Global Competitiveness Indexand the Global Innovation Index.Our research is based on a literature review.