Economics at your fingertips  

The Nexus Between Research and Development, Protection of Intellectual Property Rights and Financial Development. A European Perspectiv

Gheorghe Hurduzeu (), Radu Lupu, Iulia Lupu and Adrian Cantemir Calin
Additional contact information
Gheorghe Hurduzeu: Bucharest University of Economic Studies, Romania
Radu Lupu: Bucharest University of Economic Studies, Romania; Institute for Economic Forecasting, Romanian Academy

The AMFITEATRU ECONOMIC journal, 2022, vol. 24, issue Special16, 970

Abstract: Considering the role of research and development in increasing knowledge with creative work, in this study, we analyse the link between research and development expenditures in several performance sectors (business, government, higher education) and indicators regarding the protection of intellectual property rights and financial development. The analysis refers to the member states of the European Union, divided into two categories (Central and Eastern Europe and Western Europe), for the period 2007-2020. The results obtained after using a panel data methodology suggest that the settings are different for the two groups of countries. This new perspective (i.e., the disparity between regions and the type of sector) can be considered as evidence in favour of decisions to support research and development expenditures in sensitive situations.

Keywords: research and development; intellectual property rights protection; financial development index; panel approach; European Union. (search for similar items in EconPapers)
JEL-codes: G10 G20 O30 O34 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in The AMFITEATRU ECONOMIC journal from Academy of Economic Studies - Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Valentin Dumitru ().

Page updated 2023-04-18
Handle: RePEc:aes:amfeco:v:24:y:2022:i:special16:p:970