NORTH MACEDONIA AS AN EMERGING INNOVATOR

Authors

  • Natyra Dika-Krluku Public Enterprise for State Roads, North Macedonia

DOI:

https://doi.org/10.35120/sciencej0301183d

Keywords:

Innovation, business, government, performance

Abstract

Innovation plays a vital role in advancing economic growth, benefiting consumers, businesses, and the overall economy. Economically, it involves the creation of new products and/or services, the implementation of novel ideas to enhance goods and services, or the integration of new technologies into production processes. Therefore, to thrive in the business world, organizations must innovate. Their survival hinges on the ability to introduce innovations, essential for maintaining a stable and attractive position in the market. Innovations can happen in any area or level of an organization – from manufacturing a tiny electronic component, to introducing a groundbreaking product line, to creating a disruptive business model. Another significant aspect to consider is the impact of government policies on innovation. Hence, its support for businesses is crucial. The purpose of this paper is to examine North Macedonia’s innovation standing within the EU relative to other countries in the region. It aims to analyze the trends over the years, identify the factors influencing performance, assess the reasons behind the results, highlight the country’s strengths, and pinpoint areas that need improvement to align with countries with higher innovation scores, as assessed by the European Innovation Scoreboard (EIS). The EIS offers a comparative evaluation of the research and innovation performance among European countries. North Macedonia’s indicator (46.3) ranks among the lowest, although there has been a significant improvement in the last year, narrowing the difference performance and that of the EU. However, there is still much work to be done. The study’s purpose is to identify the areas on which businesses and the government should focus in the future.

Downloads

Download data is not yet available.

References

Buchholz, K. (2023). The world’s most innovative countries. Statista. https://www.statista.com/chart/18804/rankings-of-theglobal-innovation-index/

Cameron, A. (lucy). (2022). 6 ways governments drive innovation – and how they can help post-pandemic resilience. The

Conversation. http://theconversation.com/6-ways-governments-drive-innovation-and-how-they-can-help-postpandemic-resilience-186910

European Central Bank. (2021). How does innovation lead to growth? European Central Bank. https://www.ecb.europa.eu/ecb/

educational/explainers/tell-me-more/html/growth.en.html

European innovation scoreboard (2023). Research and Innovation. Retrieved from https://research-and-innovation.ec.europa.

eu/statistics/performance-indicators/european-innovation-scoreboard_en

European innovation scoreboard (2023). Research and Innovation. European Innovation Scoreboard 2023 : executive

summary. Publications Office of the European Union. Retrieved from https://op.europa.eu/en/publication-detail/-/

publication/5d1b30d5-1ba9-11ee-806b-01aa75ed71a1/language-en

Lema, R., Kraemer-Mbula, E., & Rakas, M. (2021). Innovation in developing countries: examining two decades of research.

Innovation and Development, 11(2–3), 189–210. https://doi.org/10.1080/2157930x.2021.1989647 DOI: https://doi.org/10.1080/2157930X.2021.1989647

Mariani, J., Wince-Smith, D. L., Evans, C., & Eggers, W. D. (2023). Revisiting the government’s role in catalyzing modern

innovation. Deloitte Insights; Deloitte. https://www2.deloitte.com/us/en/insights/industry/public-sector/role-ofgovernment-in-innovation.html

Mazzucato, M. (2015). What is government’s role in sparking innovation? World Economic Forum. https://www.weforum.org/

agenda/2015/04/what-is-governments-role-in-sparking-innovation/

Pinto, R. (2015). Innovation strategy of the Republic of Macedonia for 2012-2020. https://doi.org/10.13140/RG.2.1.2239.5600

World Intellectual Property Organization (WIPO). Global Innovation Index 2023. Innovation in the face of uncertainty. Retrieved

from https://www.wipo.int/global_innovation_index/en/2023/

World Intellectual Property Organization (WIPO). North Macedonia ranking in the Global Innovation Index 2023. retrieved from

https://www.wipo.int/edocs/pubdocs/en/wipo-pub-2000-2023/mk.pdf

Фитр – Фонд за иновации и технолошки развој. (n.d.). Fitr.Mk. Retrieved from https://fitr.mk/en/elementor-13617/

(N.d.-c). Gov.Mk. Retrieved from https://www.vicepremier-ekonomija.gov.mk/sites/default/files/pdf/07.Strategija_za_

konkurentnost.pdf

Downloads

Published

2024-03-14

How to Cite

Dika-Krluku, N. (2024). NORTH MACEDONIA AS AN EMERGING INNOVATOR. SCIENCE International Journal, 3(1), 183–188. https://doi.org/10.35120/sciencej0301183d

Metrics