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International Competitiveness in the Field of Innovation

Author

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  • A. Torok (fotitkar@titkarsag.mta.hu)

Abstract

The paper examines the approaches to assessing the competitiveness of a country. It is shown that the competitiveness rankings produced by the World Economic Forum do not correlate with the ones in innovation and R&D. It is concluded that international R&D comparisons based on the GERD/GDP or BERD/GDP alone are not telling enough. These ratios could only be considered as performance indicators in case of equal levels of distribution of R&D expenses. Financial background to sciences and R&D is generally considered as a key factor to competitiveness, but, as the author has demonstrated, the structure of R&D spending also has an important role

Suggested Citation

  • A. Torok (fotitkar@titkarsag.mta.hu), 2015. "International Competitiveness in the Field of Innovation," Journal "Region: Economics and Sociology", Institute of Economics and Industrial Engineering of Siberian Branch of RAS, vol. 1.
    • Handle: RePEc:nos:regioe:2015-1_12
    Note: Regional Scientific Innovation Systems: Russian and European Experience
    as

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