IDEAS home Printed from https://ideas.repec.org/h/zbw/entr17/183802.html
   My bibliography  Save this book chapter

The Link between Human Resources in Science and Technology and Regional Economic Development in the EU

In: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Dubrovnik, Croatia, 7-9 September 2017

Author

Listed:
  • Hunady, Jan
  • Orviska, Marta
  • Pisar, Peter

Abstract

Science and technology is seen as the key factor supporting the performance of regional innovation systems. Furthermore, the innovation intensity in the region could be often crucial for regional economic development. Our research aims to examine the potential link between the economic development of the region and the intensity of science and technology activities proxied by the share of employees in science and technology. The analysis is based on panel data for NUTS2 regions of EU member states in the period 2003-2014. We conducted correlation analysis, panel Granger causality tests and regression analysis. Our results suggest the existence of a significant positive correlation between GDP per capita and the share of employees in science and technology. Moreover, the regions with higher intensity of science and technology activities are mostly characterized by relatively low unemployment rates and a higher proportion of residents with a university education.

Suggested Citation

  • Hunady, Jan & Orviska, Marta & Pisar, Peter, 2017. "The Link between Human Resources in Science and Technology and Regional Economic Development in the EU," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2017), Dubrovnik, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Dubrovnik, Croatia, 7-9 September 2017, pages 405-411, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
  • Handle: RePEc:zbw:entr17:183802
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/183802/1/54-ENT-2017-Hunady-paper-405-411.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Michael Fritsch & Alexandra Schroeter, 2011. "Why does the effect of new business formation differ across regions?," Small Business Economics, Springer, vol. 36(4), pages 383-400, May.
    2. Peter Arbo & Paul Benneworth, 2007. "Understanding the Regional Contribution of Higher Education Institutions: A Literature Review," OECD Education Working Papers 9, OECD Publishing.
    3. Andrea Caragliu & Camilla Lenzi & Rudolf Pástor & Miroslav Šipikal & Štefan Rehák, 2013. "Knowledge creation and knowledge acquisition in the software industry in Slovakia: the case study of Košice region," Regional Science Policy & Practice, Wiley Blackwell, vol. 5(4), pages 401-415, November.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    science and technology; regional development; university education; innovation; economic development;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • R59 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Other

    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:zbw:entr17:183802. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - Leibniz Information Centre for Economics). General contact details of provider: https://irenet.info/ .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.