TY - JOUR AU - Šofranková, Beáta AU - Kiseľáková, Dana AU - Širá, Elena AU - Grzebyk, Mariola PY - 2022/12/31 Y2 - 2024/03/29 TI - ANALYSIS OF RELATIONSHIPS BETWEEN INNOVATIVE AND DIGITAL PERFORMANCE OF EU-27 COUNTRIES JF - Journal of Management and Business: Research and Practice JA - JMB VL - 14 IS - 2 SE - Articles DO - UR - https://journalmb.eu/JMB/article/view/52 SP - AB - <p><strong>Background: </strong>The global digital economy is developing quickly, and innovation plays a crucial role in&nbsp;today's economic growth. <strong>Aims:</strong> The main aim was to&nbsp;investigate the interrelationships between the digital and innovation performance of the EU countries using the&nbsp;selected global indices (DESI, GII, SII). The main aim was fulfilled by 2 partial goals and subsequently set 2&nbsp;hypotheses. <strong>Methods:</strong> To verify the hypotheses, we used the Kendall Tau coefficient (τ), panel data regression analysis and through this analysis, we created 3 models. <strong>Sample: </strong>We have chosen the EU-27 countries for our analyses. The length of the analyzed period was 5 years (2016-2020). <strong>Results: </strong>To select the resulting model from the 3 proposed models (Model 1 (OLS), Model 2 (FEM), and Model 3 (REM)), test criteria such as F-test, Breusch-Pagan test, and Hausman test were used. We consider Model 2 to be the most suitable model, which is the result of the Fixed Effects Model (FEM). <strong>Conclusions: </strong>The&nbsp;results of our analyses confirmed that a higher statistically significant positive relationship was identified between the digital performance of the EU-27 countries and their innovation performance evaluated using the SII versus the innovation performance using the GII.</p> ER -