Abstract

Innovations have become pivotal for the growth and competitiveness of national economies. Generating innovations necessitates a comprehensive ecosystem as a set of conducive conditions. With competition intensifying and focusing on innovation, countries increasingly prioritize the enhancement of their innovation ecosystems. The foundation for this lies in international comparisons, particularly among countries that are global leaders, as it aids in identifying their specific characteristics and advantages. The aim of the study is to differentiate the innovation ecosystems of world-leading countries by highlighting the indicators in which they differ the most. The paper covered the top 15 countries according to the Global Innovation Index, each characterized by 23 indicators in their innovation ecosystems. In the first stage, using mathematical processing (the k-means method), the countries were divided into six clusters. Then, to find the parameters that differentiate the obtained clusters, a classification analysis was conducted (the "decision tree" method), resulting in 11 indicators that, in various pairwise combinations, most differentiate the analyzed countries. These indicators reflect the features and most important advantages (or weaknesses) of each innovation ecosystem and are also priorities for increasing the parameters of these ecosystems to improve the position of countries. It is advisable to use these indicators to form state innovation policy.

Details

Title
Differentiation of innovation ecosystems of the countries being the Global Innovation Index leaders in the global competitive context
Author
Polyakov, Maxim  VIAFID ORCID Logo  ; Khanin, Igor  VIAFID ORCID Logo  ; Bilozubenko, Vladimir  VIAFID ORCID Logo  ; Shevchenko, Gennadij  VIAFID ORCID Logo  ; Korneyev, Maxim  VIAFID ORCID Logo 
Pages
649-661
Section
Articles
Publication year
2024
Publication date
2024
Publisher
Business Perspectives Ltd.
ISSN
17277051
e-ISSN
18105467
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
3097838589
Copyright
© 2024. This work is published under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.