ECTAP
 
HomeDespre ECTAEventsPolitica editorialaTrimite un articolParteneri / link-uri utileArchiveAbonamentContact
 

ISSN 1841-8678   (print)
ISSN 1844-0029   (online)

News

Archive ECTAP

Note: for the period 1994-2003 the archive of the magazine will not be available online

Supplements ECTAP

If you cannot open the pdf file you need Adobe Reader.
download Adobe Reader

Creative Commons License

Theoretical and Applied Economics
No. 5 / 2013 (582)

Innovation: a path to competitiveness and economic growth. The case of CEE countries

Ioan Radu PETRARIU
The Bucharest University of Economic Studies
Robert BUMBAC
The Bucharest University of Economic Studies
Radu CIOBANU
The Bucharest University of Economic Studies

Abstract. Innovation is often considered to be a typical activity of the developed countries. If we put behind the leading excellence research institutions and the high educated specialists we can tell that innovation is, in the end, the attempt to create new or improved products or processes.

The aim of this study is to show the empirical evidence on the link between innovation and economic growth in the Central and Eastern European countries (CEE). Even if this part of Europe was highly affected by the economic crises, we consider that innovation can be the most important component of long-term economic growth. Our study considers a number of different proxies to measure innovation, such as R&D spending, patenting or the number of researchers as well as firms characteristics and mergers and acquisitions. Our findings are consistent with the existing literature that innovation makes significant contribution to national competitiveness and economic growth and the gap between the Western and Eastern economies can be reduced by investing in innovation.

Keywords: innovation; economic growth; competitiveness; CEE countries.

Download the full article:  

Contents

The natural foundation
Marin Dinu

Open acces

ECTAP

Search

BOOKS

The Economicity. The Epistemic Landscape, Marin Dinu, 2016

Partners


ISSN 1841-8678 (ediția print) / ISSN 1844-0029 (ediția online)
© Copyright Asociația Generală a Economiștilor din România (AGER) / General Association of Economists From Romania  (GAER)
Redacția: 010702, București, Calea Griviței nr. 21, sector 1, E-mail: economia.ta@edeconomica.com

© 2006-2019 AGER