Aspects regarding the contribution of research and technical progress at GDP’s growth

Dana-Codruta Duda-Daianu () and Daniela Harangus

MPRA Paper from University Library of Munich, Germany

Abstract: The work paper aims to point out the importance of the new technologies like factor of economic development. The new technologies represent the base of competitive advantage at micro and macro level. Those countries that support research could achieve higher GDP, which is an important issue. In the first part of the paper we would like to point out the importance of technical progress and innovations at GDP’s growth, presenting the relation between investments and the aggregated function of production. The last part of the work paper is an analyse of Romania’s situation in the context of European integration from the point of view of investments in the component of informational technology – transformation factor of an economic and social system.

Keywords: labour force; research; investments; innovation; GDP (search for similar items in EconPapers)
JEL-codes: F00 F43 (search for similar items in EconPapers)
Date: 2008-07-11, Revised 2008-08-01
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Published in Annals of DAAAM for 2008&Proceedings of the 19thUnternational DAAAM Symposium (2008): pp. 445-446

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