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A Glimpse Into The R&D Performance At European Union Level

Author

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  • Alina Georgeta AILINCA

    (”Victor Slavescu” Financial and Monetary Research Center, Romanian Academy, Romania)

Abstract

The persistent uncertainty after the global economic crisis together with EU diffuse perspective challenges the possibilities of boosting regional and global economic growth. The confidence in EU as an innovation-driven regional economy has to be renewed: the base points of economic life must be restored, fresh educational approaches are needed and the competences, that are a precondition for success, must be brought back or reconstruct. Thus, research and development (R&D) public and private policies must play a key role in efforts to create wellbeing and sustainable growth at EU member countries. A large number of studies have been conducted in order to evaluate (directly or/and indirectly) the performance of R&D on society but there is still a lack of broadly acceptable and rigorous applicable methodologies for R&D performance assessments. In this sense, on the grounds of some Eurostat and OECD indicators, the expected results of this article are intended to contribute to a better understanding of the R&D performance on overall EU economy and on some EU member countries.

Suggested Citation

  • Alina Georgeta AILINCA, 2017. "A Glimpse Into The R&D Performance At European Union Level," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 2(1), pages 37-46.
  • Handle: RePEc:brc:brccej:v:2:y:2017:i:1:p:37-46
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    References listed on IDEAS

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    1. Salter, Ammon J. & Martin, Ben R., 2001. "The economic benefits of publicly funded basic research: a critical review," Research Policy, Elsevier, vol. 30(3), pages 509-532, March.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    R&D; quantification; R&D performance; innovation;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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