Otsenka vliyaniya nauchno-tehnicheskoy i innovatsionnoy deyatelnosti na razvitie ekonomiki: empiricheskie modeli i rezultatyi

• Authors: Gryga Vitalii Yu.

Title variants

EN

Assessing the Impact of Science, Technology and Innovation on Economic Development: Empirical Models and Results

• Languages of publication: RU

Abstracts

EN

This paper highlights the main economic models used to assess the impact of science, technology and innovation on economic development, as well as the main empirical results of the econometric models. They proved that among important factors in promoting economic growth are the capacity for inventions and the competition. The relationship between science, technology and innovation and some economic indicators, in particular – the volume of foreign direct investment and the level of the cash deficit are analysed on the base of cross-sectional data. The findings contradict stereotypes about the need to reduce spending on research and development in crises as well as shed light on the impact of FDI on R&D development of the country.

Keywords

EN

RESEARCH AND DEVELOPMENT; ECONOMIC GROWTH; ECONOMIC INDICATORS.

• Publisher: Sumy State University, Business and Management Academy of Ukraine - Sumy regional branch and Publishing Company 'University Book'
• Journal: Mekhanizm Rehuluvannya Economiky
• Year: 2015
• Volume: 3 (69)
• Pages: 34-46

Contributors

author

Gryga Vitalii Yu.

• Institute for Economics and Forecasting, National Academy of Sciences of Ukraine