(WSHIU Akademia Nauk Stosowanych, 2025) Aristov, Oleksiy
At the current stage of global economic development, investment in innovation is becoming increasingly important as a key determinant of a nation's national competitiveness and economic growth. Innovation is the source of new and improved products, services and processes that can open up new markets and opportunities. The concept of a Common Innovation Area in Europe emerged as a response to the fragmentation of national innovation systems and the desire to enhance the European Union’s global competitiveness.