The Impact of R&D Collaboration on Technological Innovation in European Countries
The Impact of R&D Collaboration on Technological Innovation in European Countries
Author(s): Kamilia LoukilSubject(s): Business Economy / Management, Energy and Environmental Studies, Accounting - Business Administration, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Editura Universitară & ADI Publication
Keywords: Innovation; R&D collaboration; public research; multinational companies; European countries;
Summary/Abstract: The present study examines the impact of collaboration in research and development (R&D) on technological innovation in emerging and developing countries. For this purpose, we use data on R&D expenditures performed by the public sector and funded by the business sector and R&D expenditures performed by the business sector and funded by abroad for R&D collaboration, while technological innovation is measured by US patent applications. Linear regressions are applied on data for 22 countries during the period 2006-2013. Findings show that both types of collaboration increases the innovation level. The main conclusion of our study is that the promotion of R&D cooperation between all sectors of the economy is an effective instrument of innovation policy in European countries.
Journal: Academic Journal of Economic Studies
- Issue Year: 4/2018
- Issue No: 4
- Page Range: 34-41
- Page Count: 8
- Language: English