Economic Themes (2012) 50 (2) 3, 167-185

THE CONCEPT OF NATIONAL INNOVATION SYSTEM AND ECONOMY’S COMPETITIVENESS


Slobodan Cvetanović, Dragoslava Sredojević

Abstract: The competitiveness of a country depends on the innovativeness of its economy. One of the key innovativeness determinants of the economy is the country’s innovation system that denotes the network of public and private institutions, whose activities and interactions determine the creation, import, continual enhancement and diffusion of innovation as considered in general terms. On the other side, the enhancement of innovation capacity of a country implies an important premise of establishing and functioning of national innovation system.

Keywords:  innovation; innovation capacity of an economy; national innovation system

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