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R&D INVESTMENTS IN SLOVENIA

100%
Mrkaic M., Pezdir R.
Ekonomický časopis (Journal of Economics)
|
2007
|
vol. 55
|
issue 9
873-885
EN
The study analyzes the potential impact of implementation of the Lisbon strategy on Slovenian economic performance. The focus of our work is the recommendation of the strategy that the EU members should invest 3 percent of their GDP in research and development (R&D). We analyze this recommendation using comparative descriptive analysis and a simulation of research output with the neural networks. On the example of Slovenia we show that the Lisbon targets, especially the goal of investing 3 percent of GDP in R&D, are not necessarily a part of an efficient economic policy. There is no necessary connection between increases in R&D spending and economic efficiency. The investments in R&D are strongly related to the interactions between the research sector and businesses and depend on the market players while the economic policy makers should do their best to support R&D activities through the structural reforms. This policy prescription applies primarily for the transition countries.
2

The competitiveness of Europe's higher education and the Lisbon targets. Comments on the credibility of international university ranking lists.

100%
Torok A.
Kozgazdasagi Szemle (Economic Review)
|
2006
|
vol. 53
|
issue 4
310-329
EN
Production of university ranking lists has become a cottage industry. The global picture drawn from such comparisons shows clearly that Europe's higher education system is losing ground compared with its competitor, that of the United States. The growing number of university ranking lists are based on a multitude of methodological approaches, making comparisons between them extremely difficult. Detailed analysis of three international such lists, using elements also from some others, shows that this analytical 'industry' is still far from maturity. Nonetheless, the growing gap between North America and Europe in this field cannot be questioned. If this is really so, the higher-education element in Europe's competitiveness strategy needs to be made a key issue in the Lisbon Programme.
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