Paper Title
Statistical Taxonomy of EU Countries’ Innovativeness and Sustainability Path

Abstract
The purpose of this research is to examine how successful were the national reforms, policies and strategies implemented across the European countries, focused on stimulating innovativeness and fulfilment of the economic, environmental and social performance and sustainability. This investigation is important as nowadays we are witnessing a global momentum in aligning countries’ financial and economic sectors to responsible, ethical or green standards and frameworks. It is applied a cluster analysis technique in order to merge within the same group those countries sharing similar features in terms of several indicators computed by the European Commission (eco-innovation index, innovation scoreboard, sustainable development goals index). Findings indicate a pattern of heterogeneity across European Union countries. Keywords - Innovation Index, Sustainable Development Goals, Classification, Cluster Analysis