Recent trends prove that energy production is shifting from traditional fossil fuel combustion technologies to renewable energy-based technologies. To estimate the economic efficiency of technology implementation, data for EU-27 member states during 2012–2021 period were collected; additionally, technological was analyzed based on a critical literature review. Breusch and Pagan Lagrangian multi...

during the past decade, the world economic forum has published its annual reports in which the global competitiveness index is included. this paper aims to investigate the key factors for achieving an innovation-driven economy. in this paper, we used partial canonical correlation analysis (pcca) to examine the relationships between key pillars in “efficiency enhancers” and “business sophisticat...