The fundamentals of innovativeness – a comparative analysis of European Union countries

Innovativeness is one of the key determinants of total output and welfare used by contemporary economists to measure economic performance. The aim of the article is to assess the position of European Union (EU) countries in terms of selected indicators characterizing their potential for innovativeness. This paper proposes the application of taxonomic tools for the study of the differentiation within the level of fundamentals of innovativeness in EU countries on the basis of the chosen model.