PODPORA VÝSKUMU A VÝVOJA A DOPAD NA EKONOMICKÝ RAST
RESEARCH AND DEVELOPMENT SUPPORT AND ECONOMIC GROWTH

Author(s): Jarmila Hudáková
Subject(s): National Economy, Economic history, Methodology and research technology, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Masarykova univerzita nakladatelství
Keywords: research and development expenditure; regional GDP; correlation;
Summary/Abstract: Research and development is important field of regional economy. Indicators characterizing research and development are also used for evaluation of knowledge and innovation potential. The aim of this article is to help establish a correlation analysis of the interdependence between the growth of spending on research and development and economic growth as measured by gross domestic product in various regions of Slovakia. We examined whether the research and development support in the form of expenditure affected the economic growth of Slovak regions at NUTS III level. Data were obtained from the Statistical Office of the Slovak Republic for the period 2002 to 2015. The results showed regional differences. In some regions, the correlation was high, some low. High correlation proved particularly Bratislava region and Košice region. From the results obtained, however, we cannot unambiguously conclude that the promotion of research and development has no positive impact on the economic development of the regions where it was reported a low correlation.

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