Improving the Academic and Investment Research Through Innovation Development Based on the Adriatic-Ionian Macro-region: The Case of Albania and Italy

The aim of the present paper is to explore the impact of the academic research and investment collaboration in the progress of sustainable development and innovation in Italy, as an industrial country, and Albania, as an aspiring European Member state, from the viewpoint of the Adriatic-Ionian macro-region' agreement. We conducted a meta-analytic research based on research, innovation and economic policies between different countries of the European Union and the Western Balkans, the methods of micro and macro social-economic growth applied, the criteria used and the qualitative increase of research and economic growth. As for its core aim of the Strategy of European Union, the significant benefit of the project enhance the construction of a unique template of growth between each country which will later reflect on the trends of a broader growth in the field of tourism, security, science and innovation. We observed a qualitative change of trends in Albanian and Italian socio-economic growth towards the scientific and innovation development. Finally, our data revealed that the higher the inter-economic exchange collaboration, might gain more strength to our countries regarding social, educational and researching development policies.