Comparison of R&D Expenditures in Selected Countries

• Authors: Marlena Piekut
• Languages of publication: EN

Abstracts

EN

This paper analyzes the level of innovation expenditures and R&D fund sources in selected countries of the world in the period of 2000 - 2010. The issues presented indicate significant differences between the discussed countries with respect to the factors analyzed. The European countries at the top were apparently Finland, Denmark and Sweden. High R&D expenditures, with a significant share in business enterprise sector, and a large number of patent applications reflected on the strong economic growth in these countries. The level of R&D investments in these countries was sometimes greater than in the USA or Japan. Dynamic growth in both R&D and patent activity has also been observed in South Korea. Special attention has been paid in this paper to the new European Union members - Central Eastern European Countries. Among this group of countries Slovenia definitely had the highest position, where R&D expenditures were the largest and the structure of R&D funds by source reflected a businessdominance type. Estonia, Czech Republic and Hungary were the countries ‘catching up’ - where growth in R&D expenditures has been observed as well as better dynamics of growth and higher patent activity. Romania, Bulgaria, Lithuania, Poland, Slovakia and Latvia had relatively disadvantageous situations in respect of R&D development and the innovative activity of business enterprises.

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Comparative Economic Research. Central and Eastern Europe
• Year: 2013
• Volume: 16
• Issue: 3
• Pages: 107-126

Dates

published

2013-09-01

online

2013-11-02

Contributors

author

Marlena Piekut

• Warsaw University of Technology, The College of Social and Economic Science

References

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Identifiers

DOI

10.2478/cer-2013-0021