The Innovation-Friendly Environment in Europe

In this article we investigate the determinants of the innovation-friendly environment in Europe inthe period 2000-2019. We use data from the European Innovation Scoreboard of the EuropeanCommission for 36 countries. Data are analyzed using dynamic panel data at 1 stage, panel data with fixed effects, panel data with random effects, pooled OLS, and WLS. Results shows that the“Innovation-Friendly Environment” is positively associated to “Basic-school entrepreneurialeducation and training”, “Government procurement of advanced technology products”,“Employment share Manufacturing”, “Finance and support”, “Human resources”