J 2024

The Impact of Selected R&D Indicators on Economic Activity in EU Countries

HALÁSKOVÁ, Martina, Renata HALÁSKOVÁ a Marek POMP

Základní údaje

Originální název

The Impact of Selected R&D Indicators on Economic Activity in EU Countries

Autoři

HALÁSKOVÁ, Martina (203 Česká republika, domácí), Renata HALÁSKOVÁ a Marek POMP

Vydání

Scientific Papers of the University of Pardubice, Series D: Faculty of Economics and Administration, 2024, 1211-555X

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50202 Applied Economics, Econometrics

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Odkazy

Impakt faktor

Impact factor: 0.400 v roce 2022

Organizační jednotka

Moravská vysoká škola Olomouc

UT WoS

001350115400001

EID Scopus

2-s2.0-85209207909

Klíčová slova anglicky

R&D indicators; Economic growth; Employment; Knowledge-intensive service sectors; Panel data analysis

Štítky

Změněno: 23. 1. 2025 11:05, Ing. Michaela Nováková

Anotace

V originále

The R&D sector is one of the important economic phenomena in terms of competitiveness and innovation performance. The aim of the study is to examine the impact of selected R&D indicators on the economic activity of EU countries with emphasis on economic growth and employment in knowledge-intensive service sectors in 2011-2021. The research was carried out using panel data analysis (the fixed effects method) for three models of EU countries (EU27 countries as a whole and EU27 countries divided into two groups according to their innovation performance). The results in the evaluated years confirmed the different (positive/negative) impact of the examined R&D indicators on economic growth and employment in knowledge-intensive service sectors between the different groups of EU countries. In the “Innovation Leaders and Strong Innovators” countries, high-tech exports had the largest positive effect on GDP per capita, and general government expenditures had the largest negative effect. The largest negative effect of government expenditures on tertiary education was found in the case of Employment in knowledge-intensive service sectors. By contrast, in the case of GDP per capita and employment in knowledge-intensive service sectors, the largest negative effect of government expenditures on tertiary education and the positive effect of research and development expenditures were found in the “Moderate Innovators and Emerging Innovators countries”. The findings may be useful for both makers of selected public policies and R&D practitioners in evaluating economic analysis.