This paper aims to explore in a descriptive way the relationship between country level indicators on governance and innovation. It explores in detail the association between innovation and governance by looking at the relationship between six governance indicators from the World Bank and the innovation performance measures used in European Innovation Scoreboard and the Global Innovation Scoreboard (Hollanders and Arundel, 2006). The basic methodology used in exploring this link is an ordinary least squares (OLS) linear regression model. The analysis has been realized for single countries as well as the EU aggregate average.JRC.G.9 - Econometrics and statistical support to antifrau
