Eco-Innovation and Competitive Sustainability in the EU-27: A Cross-Sectional Benchmark (2024)
Eco-Innovation and Competitive Sustainability in the EU-27: A Cross-Sectional Benchmark (2024)
Author(s): Lejla TerzićSubject(s): Economy, Business Economy / Management
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: eco-innovation; competitive sustainability; EU-27; cross-sectional benchmark (2024)
Summary/Abstract: The purpose of the study is to benchmark the association between the Eco-Innovation Index and the Competitive Sustainability Index (CSI) across the EU-27 in 2024. The study used official 2024 scores and Spearman rank correlations on a cross-sectional dataset. This 2024 study of the EU-27 found a strong positive correlation between the Eco-Innovation Index and the overall Competitive Sustainability Index (ρ = 0.866), indicating that higher eco-innovation performance is associated with greater competitive sustainability, though the strength of the association varied across CSI pillars. The study is limited to descriptive associations but provides crucial data for EU benchmarking and generating hypotheses for multi-year analyses on the relationship between eco-innovation and competitive sustainability.
Journal: Икономическа мисъл
- Issue Year: 2025
- Issue No: 4
- Page Range: 467-483
- Page Count: 17
- Language: English
