The Relationship between Pro-Innovation Factors and the Performance of the European Union Member States and their Regions

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F18%3A39912568" target="_blank" >RIV/00216275:25410/18:39912568 - isvavai.cz</a>

Alternative codes found

RIV/46747885:24310/18:00005656

Result on the web

<a href="http://dx.doi.org/10.5755/j01.ee.29.4.19703" target="_blank" >http://dx.doi.org/10.5755/j01.ee.29.4.19703</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5755/j01.ee.29.4.19703" target="_blank" >10.5755/j01.ee.29.4.19703</a>

Result language

angličtina

Original language name

The Relationship between Pro-Innovation Factors and the Performance of the European Union Member States and their Regions

Original language description

The strategic priority of the European Union is research, development and innovation, as has been explicitly stated by its representatives since 2000. However, the reality of supporting research and development, innovation and overall economic performance at the threshold of the Fourth Industrial Revolution is different. Europe is significantly losing its global share in wealth creation. Therefore, the objective of the article is to identify relationships between the economic performance and the pro-innovation factors, which represents intensity of research and development at the level of national economy of the EU Member States. At their regional level, NUTS 2, the economic performance is compared with the pro-innovation factors, which are represented on the one hand as the proportion of employed persons with higher education or persons working in the field of science and technology, and on the other hand as the proportion of persons employed in the high-tech sector. Research has shown that the contribution of R&amp;D spending to economic performance is not invariant, that there is probably a certain degree of saturation for which the increase in these expenditures is associated with lower increases in economic performance in the country. The results of the regional analysis can be used to infer the higher importance of persons employed in research and university-educated workers for the country&apos;s economic performance compared to the share of those employed in the high-tech sector.

Czech name

—

Czech description

—

Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50202 - Applied Economics, Econometrics

Project

<a href="/en/project/TL01000303" target="_blank" >TL01000303: Utilization of Big Data to Asses the Socio-Economic Position of the Population in the Territory Types Defined by Regional Development Stragegy 2021+</a><br>

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2018

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Inžinerine Ekonomika / Engineering Economics

ISSN

1392-2785

e-ISSN

—

Volume of the periodical

29

Issue of the periodical within the volume

4

Country of publishing house

LT - LITHUANIA

Number of pages

10

Pages from-to

424-433

UT code for WoS article

000448820500007

EID of the result in the Scopus database

2-s2.0-85062729600