IDEAS home Printed from https://ideas.repec.org/a/boh/actaub/v21y2018i2p1-15.html
   My bibliography  Save this article

Research & development and regional smart specialisation: do they matter for productivity?

Author

Listed:
  • Peter Pisár

    (Faculty of Economics, Matej Bel University in Banská Bystrica, 9759 0 Banská Bystrica, Slovakia)

  • Jan Huňady

    (Faculty of Economics, Matej Bel University in Banská Bystrica, 9759 0 Banská Bystrica, Slovakia)

  • Ina Ďurčeková

    (Faculty of Economics, Matej Bel University in Banská Bystrica, 9759 0 Banská Bystrica, Slovakia)

Abstract

Research and development activities within the region are often seen as a key driving force of innovation performance. This is further important for productivity growth and economic growth of the region. These issues are part of European Union strategy for regional development called Smart Specialization. Higher education institutions play important role in the support of innovation in the region via their own research activities, knowledge creation and dissemination and improvement of the human capital in the region. The main aim of our research is to test potential link between intensity of research & development as well as specialization of the region and labour productivity in the region. In our research we compared NUTS 2 regions in the Czech Republic and Slovakia based on the selected indicators related to research and development. We used factor analysis and regression analysis based on the cross-sectional data for all NUTS 2 regions in the EU. Our results strongly suggest that focus on research & development activities is positively correlated with higher labour productivity in the region. Higher number of scientific publications and patents is also positively linked to higher productivity in the region. The same seems to be true for higher share of tertiary educated inhabitants.

Suggested Citation

  • Peter Pisár & Jan Huňady & Ina Ďurčeková, 2018. "Research & development and regional smart specialisation: do they matter for productivity?," Acta Universitatis Bohemiae Meridionalis, University of South Bohemia in Ceske Budejovice, Faculty of Economics, vol. 21(2), pages 1-15.
    • Handle: RePEc:boh:actaub:v:21:y:2018:i:2:p:1-15
    DOI: 10.1515/acta-2018-0002
    as

    Download full text from publisher

    File URL: http://acta.ef.jcu.cz/doi/10.1515/acta-2018-0002.html
    Download Restriction: free of charge
    File URL: http://acta.ef.jcu.cz/doi/10.1515/acta-2018-0002.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.1515/acta-2018-0002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Marios Zachariadis, 2003. "R&D, innovation, and technological progress: a test of the Schumpeterian framework without scale effects," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(3), pages 566-586, August.
    2. John W. Kendrick & Beatrice N. Vaccara, 1980. "Introduction to "New Developments in Productivity Measurement and Analysis"," NBER Chapters, in: New Developments in Productivity Measurement and Analysis, pages 1-14, National Bureau of Economic Research, Inc.
    3. Krammer, Sorin M.S., 2017. "Science, technology, and innovation for economic competitiveness: The role of smart specialization in less-developed countries," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 95-107.
    4. Al Raee, Mueid & Ritzen, Jo & Crombrugghe, Denis de, 2017. "Innovation policy & labour productivity growth: Education, research & development, government effectiveness and business policy," MERIT Working Papers 2017-019, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. John W. Kendrick & Beatrice N. Vaccara, 1980. "New Developments in Productivity Measurement and Analysis," NBER Books, National Bureau of Economic Research, Inc, number kend80-1, March.
    6. Philip McCann & Raquel Ortega-Argilés, 2013. "Transforming European regional policy: a results-driven agenda and smart specialization," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(2), pages 405-431, SUMMER.
    7. Zhong, Wei & Yuan, Wei & Li, Susan X. & Huang, Zhimin, 2011. "The performance evaluation of regional R&D investments in China: An application of DEA based on the first official China economic census data," Omega, Elsevier, vol. 39(4), pages 447-455, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Haltiwanger, 2002. "Understanding aggregate growth: The need for microeconomic evidence," New Zealand Economic Papers, Taylor & Francis Journals, vol. 36(1), pages 33-58.
    2. John F. Walker & Harold G. Vatter, 1999. "Demand: The Neglected Participant in the Long Run U.S. Productivity Record," The American Economist, Sage Publications, vol. 43(2), pages 73-80, October.
    3. Thirtle, Colin, 1986. "Problems in the Definition and Measurement of Technical Change and Productivity Growth in the U.K. Agricultural Sector," Manchester Working Papers in Agricultural Economics 232790, University of Manchester, School of Economics, Agricultural Economics Department.
    4. Wollmer, F.J. & Butter, F.A.G. den & Hassink, W.H.J., 1991. "Technical progress, endogenous growth and labour productivity : a survey," Serie Research Memoranda 0075, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    5. Fabio Pieri & Michela Vecchi & Francesco Venturini, 2017. "Modelling the joint impact of R and D and ICT on productivity: A frontier analysis approach," DEM Working Papers 2017/13, Department of Economics and Management.
    6. László Szerb & Raquel Ortega‐Argilés & Zoltan J. Acs & Éva Komlósi, 2020. "Optimizing entrepreneurial development processes for smart specialization in the European Union," Papers in Regional Science, Wiley Blackwell, vol. 99(5), pages 1413-1457, October.
    7. Ejike Udeogu (a) , Uzochukwu Amakom (b) and Shampa Roy-Mukherjee (a), 2021. "Empirical Analysis of an Augmented Schumpeterian Endogenous Growth Model," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 46(1), pages 53-84, March.
    8. Robert E. Lipsey, 2010. "John W. Kendrick (1917–2009)," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(3), pages 647-650, September.
    9. Richard Harris & John Moffat, 2011. "R&D, Innovation and Exporting," SERC Discussion Papers 0073, Centre for Economic Performance, LSE.
    10. Alberto BUCCI, 2004. "Economic growth in an enlarged Europe: the human capital and R&D dimensions," Departmental Working Papers 2004-22, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    11. Esparza Masana, Ricard & Fernández, Tatiana, 2019. "Monitoring S3: Key dimensions and implications," Evaluation and Program Planning, Elsevier, vol. 77(C).
    12. William Easterly & Ross Levine, 2002. "It´s Not Factor Accumulation: Stylized Facts and Growth Models," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 3, pages 061-114, Central Bank of Chile.
    13. Alwyn Young, 1994. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," NBER Working Papers 4680, National Bureau of Economic Research, Inc.
    14. Venturini, Francesco, 2022. "Intelligent technologies and productivity spillovers: Evidence from the Fourth Industrial Revolution," Journal of Economic Behavior & Organization, Elsevier, vol. 194(C), pages 220-243.
    15. Nicholas Tsounis & Ian Steedman, 2021. "A New Method for Measuring Total Factor Productivity Growth Based on the Full Industry Equilibrium Approach: The Case of the Greek Economy," Economies, MDPI, vol. 9(3), pages 1-21, August.
    16. Dale W. Jorgenson, 2007. "Information Technology and the G7 Economies," NBER Chapters, in: Hard-to-Measure Goods and Services: Essays in Honor of Zvi Griliches, pages 325-350, National Bureau of Economic Research, Inc.
    17. Helliwell, John F. & Sturm, Peter H. & Salou, Gerard, 1985. "International comparison of the sources of productivity slowdown 1973-1982," European Economic Review, Elsevier, vol. 28(1-2), pages 157-191.
    18. Kangjuan Lv & Yu Cheng & Yousen Wang, 2021. "Does regional innovation system efficiency facilitate energy-related carbon dioxide intensity reduction in China?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(1), pages 789-813, January.
    19. Ariel Pakes & Zvi Griliches, 1980. "Patents and R and D at the Firm Level: A First Look," NBER Working Papers 0561, National Bureau of Economic Research, Inc.
    20. Todo, Yasuyuki & Miyamoto, Koji, 2006. "Knowledge Spillovers from Foreign Direct Investment and the Role of Local R&D Activities: Evidence from Indonesia," Economic Development and Cultural Change, University of Chicago Press, vol. 55(1), pages 173-200, October.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boh:actaub:v:21:y:2018:i:2:p:1-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivo Andrle (email available below). General contact details of provider: https://edirc.repec.org/data/efjcucz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.