R&D and Regional Competitiveness: A Study of Global Entrepreneurial Firms

Albert Link and Rashedur Sardar ()
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Rashedur Sardar: University of North Carolina at Greensboro, Department of Economics

No 23-1, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: We quantify, using data from the World Bank’s Enterprise Surveys and the World Economic Forum’s Global Competitiveness Index, the empirical relationship between global competitiveness and R&D investment activity as well as the independent relationship between global competitiveness and R&D investments across geographic regions of economic development. We also explore alternative measures of the effectiveness of R&D investments. Our findings suggest that R&D investments are a possible policy target variable in high-income regions for policy makers to consider for increasing firms’ global competitiveness.

Keywords: R&D; global competitiveness; entrepreneurship; regional growth; program management (search for similar items in EconPapers)
JEL-codes: H11 L26 O32 O38 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2023-01-04
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino, nep-sbm and nep-tid
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Citations: View citations in EconPapers (1)

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Journal Article: R&D and regional competitiveness: a study of global entrepreneurial firms (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2023_001

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