Business Dynamism and Innovation Capability in the European Union Member States in 2018 Through the Prism of InterCriteria Analysis

Abstract

Here we apply the intuitionistic fuzzy sets-based InterCriteria Analysis on the data from the Global Competitiveness Index of 2018, about the two best correlating pillars of competitiveness ‘11 Business Dynamism’ and ‘12 Innovation Capability’ based on the data of the 28 European Union Member States. We get a deeper look on how the eight subindicators of the countries’ business dynamism and the ten subindicators of their innovation capability correlate in between and among each other.