International Competitiveness in the Field of Innovation

A. Torok (fotitkar@titkarsag.mta.hu)

Journal "Region: Economics and Sociology", 2015, vol. 1

Abstract: The paper examines the approaches to assessing the competitiveness of a country. It is shown that the competitiveness rankings produced by the World Economic Forum do not correlate with the ones in innovation and R&D. It is concluded that international R&D comparisons based on the GERD/GDP or BERD/GDP alone are not telling enough. These ratios could only be considered as performance indicators in case of equal levels of distribution of R&D expenses. Financial background to sciences and R&D is generally considered as a key factor to competitiveness, but, as the author has demonstrated, the structure of R&D spending also has an important role

Keywords: innovative development; competitiveness; methods to evaluate competitiveness; GERD; BERD; GDP (search for similar items in EconPapers)
Date: 2015
Note: Regional Scientific Innovation Systems: Russian and European Experience
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2015-1_12

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