Expenditure on Research and Development as a Factor Stimulating Innovativeness of European Union Economy

• Autorzy: Dariusz Wyrwa
• Języki publikacji: EN

Abstrakty

EN

Purpose: The aim of the study is to search for relationships between expenditure on research and development activities and the development of innovation in EU countries. Design/methodology/approach: For the purposes of the study, the dependence of the selected results of innovative activities in the European Union states on GERD and its individual components was assessed. For this purpose, the simple linear regression method was used. By calculating the values of Pearson's linear correlation coefficients, it was determined whether there was a dependence between the analyzed variables. Cluster analysis was also conducted and, using the Ward's method, the EU member states were grouped by similar innovation indicators and polices regarding expenditures on R&D. Findings: The study showed the usefulness of the regression analysis in the assessment of the effectiveness of the selected components of the EU and domestic innovation policies and financial instruments used as part of those policies. It can be seen that higher expenditures on R&D result in increasing the indicators, although the most effective are the expenditures regarding SMEs introducing product and process innovations. Research limitations/implications: The fact that some countries achieve better results, despite similar investments, requires further research. Practical implications: The findings can be used to shape national innovation policies and to assess the effectiveness and efficiency of the financial interest. Originality/value: The research covered the latest available data on R&D expenditure and innovation indicators, the analysis of which may be important for innovation policy makers.(original abstract)

Słowa kluczowe

EN

R&D policy; Innovations; Innovative character

PL

Polityka badawczo-rozwojowa; Innowacje; Innowacyjność

• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2022
• Numer: z. 163
• Strony: 715--725

Twórcy

autor

Dariusz Wyrwa

• Rzeszow University of Technology

Bibliografia

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Identyfikatory

DOI

10.29119/1641-3466.2022.163.44