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Investments in R&D and Innovative Behavior: An Exploratory Cross-Country Study

Albert Link

No 20-10, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: The relationship between investments in research and development (R&D) and innovative behavior, measured in terms of new products or services being delivered to the market, is well documented in the literature. This paper departs from the extant literature in that the unit of observation is a country rather than a firm. Using World Bank aggregate data, this level of analysis thus allows for a systematic study of cross-country observations on an R&D Innovation relationship.

Keywords: R&D; Innovation; Developed Economy; Transition Economy; Developing Economy (search for similar items in EconPapers)
JEL-codes: O31 O32 O57 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2020-11-09
New Economics Papers: this item is included in nep-cse, nep-ino, nep-sbm and nep-tid
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