The Impact Of R&D Investment On Productivity
AbstractIn the context of the national and European efforts directed to increasing ofR&D investment up to 3% of GDP, the debate on the effects of R&D investment has receiveda new impetus last time. Starting from theoretical and methodological approaches found inthe current scientific literature regarding this issue, the paper is focused on the empiricalanalysis of the effect of R&D investment on total factor productivity in Romania for the period1996-2006. The results obtained, in line with current research results in Romania or abroad,could be taken into consideration in political decision of R&D investment and in findingappropriate economic measures aiming to stimulate business R&D investment.
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Bibliographic InfoArticle provided by Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia in its journal Annales Universitatis Apulensis Series Oeconomica.
Volume (Year): 2 (2008)
Issue (Month): 10 ()
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R&D stock; R&D spillover; R&D effect on TPF;
Find related papers by JEL classification:
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
- P40 - Economic Systems - - Other Economic Systems - - - General
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- Dominique Guellec & Bruno Van Pottelsberghe, 2004.
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OECD Economic Studies,
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