Economic growth at regional level and innovation: Is there any link?
Economic growth at regional level and innovation: Is there any link?
Author(s): Georgeta Grigore Nae, Corina GrigoreSubject(s): Economic development
Published by: Birlesik Dunya Yenilik Arastirma ve Yayincilik Merkezi
Keywords: economic development; regional growth; innovation;regional innovation system;
Summary/Abstract: The role of innovation on growth has been analysed to some extent and has been relying mostly on research findingsundertaken in developed countries. The aim of this paper is to analyse whether innovation has any role at regionallevel for potentially explaining the variations in growth among regions, particularly in developing countries. The paperdraws upon previous work and to undertake the research, data available from the Enterprise Survey was used to testthe potential impact of innovation on economic growth at regional level. The results showed that innovation affectsgrowth using a sample for Romania. This study can constitute the basis for understanding the concept of innovation inrelation to regional economic growth and further research in Romania and beyond
Journal: Global Journal of Business, Economics and Management: Current Issues
- Issue Year: 4/2014
- Issue No: 1
- Page Range: 16-21
- Page Count: 6
- Language: English