Net zero 2050 as an EU priroty: modeling a system for efficient investments in eco innovation for climate change mitigation

Table 1 Correlation coefficients between the summary innovation index and R&D financing by the public and business sector

Variable	Summary innovation index
Variable	Correlation coefficient
R&D expenditure in the public sector	0.759**
R&D expenditure in the business sector	0.756**
Public–private co-publications	0.857**

Source: own research, based on the European Innovation Scoreboard, Eurostat
The Pearson’s correlation coefficient for 37 countries was calculated for the 8-year time period. The asterisks represent significant differences (p < 0.01**)

ISSN: 2192-0567