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Inventi Impact: International Trade

Articles

  • Inventi:mit/28340/19
    The Importance of Research and Development Spending In the Context of Global Competitiveness\nand the Innovation Potential of the V4 Countries
    Research 2019 : April - June
    Beata Sofrankova, Dana Kiselakova, Veronika Cabinova, Erika Onuferova

    Innovations are considered under the current conditions as one of the key sources and drivers to strengthen not only the economic but also the social prosperity of countries and their competitiveness. The paper focuses on revealing the relationship between research and development expenditure and the level of global competitiveness and innovation activity of V4 countries. Secondary data representing the Global Competitiveness Index (GCI), the World Competitiveness Index (WCI) and the Global Innovation Index (GII) for the 2011-2016 period were used to assess global competitiveness. Indicators of gross domestic expenditure on R&D (GERD) according to each sector of performance were obtained from the Eurostat database. In the assessment framework of the global competitiveness and innovation activity of the V4 countries, the Czech Republic is the leader, as it has reached almost double the average spending on research and development ............

    How to Cite this Article
    CC Compliant Citation: Beata Sofrankova, Dana Kiselakova, Veronika Cabinova and Erika Onuferova (2018),\" The\nImportance of Research and Development Spending In the Context of Global Competitiveness and the Innovation\nPotential of the V4 Countries\", Journal of Eastern Europe Research in Business and Economics, Vol. 2018 (2018),\nArticle ID 916196, DOI: 10.5171/2018.916196, http://creativecommons.org/licenses/by/4.0/.
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