Innovation in the European Union in the light of Lisbon Strategy and Europe 2020 Strategy

Abstract

This article attempts to characterize the programming issues of innovation development in the European Union described in the Lisbon Strategy and Europe 2020 Strategy. It discusses the role of innovation in the long-term development of the economy of the European Union. The author attempts to analyze the level of innovation of the EU economy on the basis of selected indicators in 2010, which allowed the separation of the countries with the highest and lowest potential for innovation.