The goal of this research is to test the Heckscher-Ohlin’ theorem of comparative advantages on the sample of the Republic of Croatia and other European Union member countries. Heckscher-Ohlin theorem of comparative advantages can largely explain international trade in cases where the sample of countries is heterogeneous, in terms of the achieved level of development and the production factors a...

Innovation is one of the main determinants economic development. Innovative activity very complex, thus difficult to measure. The complexity phenomenon poses a great challenge for researchers understand its determinants. article focuses on problem innovation-related geographical disparities among European Union countries. Moreover, it analyses principal components innovation determined basis Sc...