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Economic Growth at Regional Level and Innovation: Is There Any Link?

Author

Listed:
  • Georgeta Grigore Nae

    (University of Pitesti, Romania)

  • Cristiana Sima

    (“Constantin Brâncoveanu” University, Pitesti, Romania)

Abstract

The role of innovation on growth has been analysed to some extent and has been relying mostly on research findings undertaken in developed countries. The aim of this paper is to analyse whether innovation has any role at regional level for potentially explaining the variations in growth among regions, particularly in developing countries. The paper draws upon previous work and to undertake the research, data available from the Enterprise Survey was used to test the potential impact of innovation on economic growth at regional level. The results showed that innovation affects growth using a sample for Romania. This study can constitute the basis for understanding the concept of innovation in relation to regional economic growth and further research in Romania and beyond.

Suggested Citation

  • Georgeta Grigore Nae & Cristiana Sima, 2013. "Economic Growth at Regional Level and Innovation: Is There Any Link?," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(1), pages 149-156.
    • Handle: RePEc:pet:annals:v:13:y:2013:i:1:p:149-156
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    References listed on IDEAS

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    1. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    2. A. Rodriguez-Pose & Riccardo Crescenzi, 2006. "R&D, spillovers, innovatoin systems and the genesis of regional growth in Europe," Departmental Working Papers of Economics - University 'Roma Tre' 0067, Department of Economics - University Roma Tre.
    3. Buesa, Mikel & Heijs, Joost & Baumert, Thomas, 2010. "The determinants of regional innovation in Europe: A combined factorial and regression knowledge production function approach," Research Policy, Elsevier, vol. 39(6), pages 722-735, July.
    4. Roberta Capello, 2001. "Urban Innovation and Collective Learning: Theory and Evidence from Five Metropolitan Cities in Europe," Advances in Spatial Science, in: Manfred M. Fischer & Josef Fröhlich (ed.), Knowledge, Complexity and Innovation Systems, chapter 10, pages 181-208, Springer.
    5. Andres Rodriguez-Pose & Riccardo regstdcenzi, 2008. "Research and Development, Spillovers, Innovation Systems, and the Genesis of Regional Growth in Europe," Regional Studies, Taylor & Francis Journals, vol. 42(1), pages 51-67.
    6. Manfred M. Fischer & Josef Fröhlich (ed.), 2001. "Knowledge, Complexity and Innovation Systems," Advances in Spatial Science, Springer, number 978-3-662-04546-6.
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    Cited by:

    1. Goschin, Zizi, 2015. "Endogenous Regional Development in Romania. A Knowledge Production Function Model," MPRA Paper 88828, University Library of Munich, Germany.

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    Keywords

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    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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