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How The Investment In R&D Is Related To The Human Capital Accumulation? The Case Of Romania

Author

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  • Olimpia Neagu

    (‘Vasile Goldis‘ Western University of Arad)

Abstract

The paper tries to clarify the link between the investment in R&D and theaccumulation of human capital. In the paper is analyzed the investment in R&D at the EUlevel, underlying the case of Romania and the link between this type of investment and thehuman capital accumulation. At the EU level, the R&D investment is differently influenced bythe human capital accumulation: the educational level of the population and doctoratestudents in science and technology are influencing the employment in knowledge-intensivesectors and doctorate students in science and technology are influencing the R&D personnel.In Romania, human capital accumulation can stimulate both, inputs and outputs of the R&Dinvestment. The quality of the human capital is important: only the tertiary educated peopleand graduates in science and technology can influence the R&D investment.

Suggested Citation

  • Olimpia Neagu, 2011. "How The Investment In R&D Is Related To The Human Capital Accumulation? The Case Of Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(13), pages 1-35.
  • Handle: RePEc:alu:journl:v:2:y:2011:i:13:p:35
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1320112/35.pdf
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    References listed on IDEAS

    as
    1. P. Guerrieri & M. Luciani & V. Meliciani, 2011. "The determinants of investment in information and communication technologies," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(4), pages 387-403.
    2. Stefanie Haller & Iulia Traistaru-Siedschlag, 2007. "The Adoption of ICT: Firm-Level Evidence from Irish Manufacturing Industries," Papers WP204, Economic and Social Research Institute (ESRI).
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    R&D investment; human capital accumulation; knowledge-based society; knowledgeworkers;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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