The Impact of R&D Collaboration on Technological Innovation in European Countries
Kamilia Loukil ()
Academic Journal of Economic Studies, 2018, vol. 4, issue 4, 34-41
Abstract:
The present study examines the impact of collaboration in research and development (R&D) on technological innovation in emerging and developing countries. For this purpose, we use data on R&D expenditures performed by the public sector and funded by the business sector and R&D expenditures performed by the business sector and funded by abroad for R&D collaboration, while technological innovation is measured by US patent applications. Linear regressions are applied on data for 22 countries during the period 2006-2013. Findings show that both types of collaboration increases the innovation level. The main conclusion of our study is that the promotion of R&D cooperation between all sectors of the economy is an effective instrument of innovation policy in European countries.
Keywords: Innovation; R&D collaboration; public research; multinational companies; European countries (search for similar items in EconPapers)
JEL-codes: O31 O33 O38 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:khe:scajes:v:4:y:2018:i:4:p:34-41
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