The Evolution of State Aid to Research and Development in Central and Eastern Europe in the Context of the European Integration Process

Nicolae Bacila

Revista de Economie Mondiala / The Journal of Global Economics, 2015, vol. 7, issue 3

Abstract: This paper aims at providing a contribution to the literature in the field regarding the state aid granted by EU member states for research and development. According to the assumption that state aid for research and development can represent a relevant incentive for economic development in the EU, the paper provides a qualitative and quantitative analysis of state aid granted for research and development in Central and Eastern Europe in the context of the European integration process, using a methodology which combines the regression technique and Granger causality. Based on theoretical and empirical findings, the paper also proposes to evaluate the trends and particularities that shaped the evolution of public support to research and development in this area, establishing at the same time general policy guidelines designed to ensure effective public policies for funding research and development and to increase competitiveness and economic growth.

Keywords: State aid policy; research and development; market failure; patents; economic development; European integration (search for similar items in EconPapers)
JEL-codes: C22 F36 H23 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:3:y:2015:id:2822000009561027

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