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Article

Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study

1
Doctoral School, National University of Physical Education and Sport, 060057 Bucharest, Romania
2
Trinity College Dublin, Trinity Business School, D02 F6N2 Dublin, Ireland
3
Faculty of Contemporary Arts Belgrade, University Business Academy in Novi Sad, 11000 Belgrade, Serbia
4
Faculty of Economic Sciences, Hyperion University, 060057 Bucharest, Romania
5
Faculty of Administration and Public Management, Bucharest University of Economic Studies, 010374 Bucharest, Romania
*
Author to whom correspondence should be addressed.
Academic Editor: Alessia Amato
Sustainability 2021, 13(15), 8290; https://doi.org/10.3390/su13158290
Received: 17 June 2021 / Revised: 8 July 2021 / Accepted: 20 July 2021 / Published: 24 July 2021
(This article belongs to the Special Issue The Circular Economy Challenge: Towards a Sustainable Development)
The paper aims to develop—based on a particular dual comparative analysis that follows the current European concerns—the concepts of competitiveness and innovation as pillars uprighting companies’ resilience, creating ecoinnovative jobs and social inclusion. In their struggle to meet the Circular Economy principles and Green Deal objectives, the countries chosen for analyses—Romania and Serbia—have started implementing added-value blockchain concepts in their societies to thrive in the resilient European market and build empowered societies. According to the World Economic Forum Global Sources of Competitiveness, skills considered in our study refer to businesses’ versatility and societies’ innovation capability. Based on specific data provided by Eurostat, the results showed a correlation between the ecoinnovation index and R&D personnel by sector and helped design a regression model. Hence, we demonstrate that R&D creativity, once stimulated through innovative teaching, blooms, having positive effects at society and market levels as reflected in the ecoinnovation index. Furthermore, cluster analysis within E.U. innovation helped identify strengths and weaknesses, provided new grounds in applying innovation, and led to further recommendations. View Full-Text
Keywords: circular economy; innovation capability and resilience; business dynamics; ecoinnovation index; R&D personnel by sector circular economy; innovation capability and resilience; business dynamics; ecoinnovation index; R&D personnel by sector
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MDPI and ACS Style

Bucea-Manea-Țoniş, R.; Šević, A.; Ilić, M.P.; Bucea-Manea-Țoniş, R.; Popović Šević, N.; Mihoreanu, L. Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study. Sustainability 2021, 13, 8290. https://doi.org/10.3390/su13158290

AMA Style

Bucea-Manea-Țoniş R, Šević A, Ilić MP, Bucea-Manea-Țoniş R, Popović Šević N, Mihoreanu L. Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study. Sustainability. 2021; 13(15):8290. https://doi.org/10.3390/su13158290

Chicago/Turabian Style

Bucea-Manea-Țoniş, Rocsana, Aleksandar Šević, Milena P. Ilić, Radu Bucea-Manea-Țoniş, Nevenka Popović Šević, and Larisa Mihoreanu. 2021. "Untapped Aspects of Innovation and Competition within a European Resilient Circular Economy. A Dual Comparative Study" Sustainability 13, no. 15: 8290. https://doi.org/10.3390/su13158290

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