Influence of Globalisation on Eco-innovations in Visegrad Group Countries

Authors

  • J. Parobek Technical University in Zvolen, Department of Marketing, Trade and World Forestry, T. G. Masaryka 24, 960 53 Zvolen, Slovak Republic
  • A. Rokonalová Technical University in Zvolen, Department of Marketing, Trade and World Forestry, T. G. Masaryka 24, 960 53 Zvolen, Slovak Republic

DOI:

https://doi.org/10.31437/2414-2077.2022.08.02

Keywords:

Eco-innovation, sustainability, globalisation, Central Europe

Abstract

An effort to increase competitiveness, globalisation processes go hand in hand. At the same time, developed countries are focusing on keeping these trends in line with sustainable development by introducing eco-innovation. That is why we consider innovations as a principal driver of the economic growth from the global point of view. In terms of competitiveness advantage and economic position, an analysed country is compared to its nearest neighbours whit similar economic conditions. The study describes the evaluation of impact of globalisation on eco-innovation performance of the Slovak Republic and Visegrad Group Countries (V4). Base to literature review, the aim of the research is to determine the development of the economic and political globalisation and their influence on the development of eco-innovation. The results represents the most important combination of relationship between these two different globalisation and innovation from a mathematical point of view and describe the current position of the Slovak Republic, as a case study. The data indicate statistically significant positive influence of economic globalisation on eco-innovation in Slovakia and in Poland, however there are notable differences among observed countries. Moreover, Slovakia has been identified as the most sensitive country to development of globalisation.

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2022-06-20

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