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EN
The impact of innovations and great inventions, let us say in narrowed understanding, the impact of new technologies represents the object of examination of eminent authors since the nineteenth century. In present time this role of the accelerator of economic development play especially the new information technologies, automation, biotechnology, genetics, new energy concepts including the use of renewable resources, and the development and application of new material technologies. The original Schumpeter’s idea of innovation processes was completed by further aspects – fiscal, legal, marketing, systemic. The world economic crisis caused by the detaching of financial system and real economy suggests that the significant innovations are needed also in this area. In general, the conclusions of many analytical works agree with the opinion that the meaning of innovations in globalized world is increasing, and the innovations represent an important factor able to change the character of global economy. Our contribution focuses to the study of contemporary trends and changes in innovation processes under the impact of globalization, as well as their influence on the competitiveness of Europe in the global economy.
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