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Innovation is a complex phenomenon and it can be considered from various viewpoints according to affinities of the researcher and aims of observation. Since it is an essentially significant phenomenon, the abundance of literature related to the investigation of various dimensions of innovation is comprehensible. The complexity of this phenomenon often leads to basically different explications of innovation of enterprises and countries. This paper analyses innovation performance of Serbia and its position in relation to other countries of the world and Europe based on the data of The Global Innovation Index and European Innovation Scoreboard. The results of analysis of dynamics of innovation of Serbia according to the Global Innovation Index show its great innovation lagging behind European countries. Regarding the achieved innovation performance the lagging of Serbia behind European countries is also great, according to the latest data of the European Innovation Scoreboard.

Global competitiveness of the Republic of Serbia in terms of innovation performance