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Innovation and Economic Growth
Innovation and Economic Growth

Author(s): Todor Galev, Roumyana Georgieva, Teodora Georgieva, Fani Koleva, Denitsa Marinova, Daniela Tchonkova, Maya Tsaneva, Todor Yalamov
Subject(s): Economy, National Economy, Supranational / Global Economy, Business Economy / Management, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Фондация »Приложни изследвания и комуникации«
Keywords: Science and innovation; Investment and Financing of Innovation; Human Capital for Innovation; Information and Communication Technologies;

Summary/Abstract: By 2018, there were four EU countries that managed to exceed the Europe 2020 R&D spending target of 3% of the GDP. For Denmark and Germany, this also means exceeding the national target, which is the same as that of the EU-28. Austria, Finland and Sweden have the most ambitious targets to be reached by the end of the programming period, which is the reason why the three countries have not achieved them. One year before the end of the programming period, Bulgaria is still part of the group of modest innovators, having reached only 50% of the national target of 1.5% of R&D spending of the GDP.

  • Issue Year: 2019
  • Issue No: 1
  • Page Range: 1-60
  • Page Count: 60
  • Language: English