Correlations between Expenditure and Employees in R&D Activity by Performance Sectors from Romania
In the context of increased competition in the recent years, the innovation has become a key factor in economic development through better use of opportunities, capturing new markets and creating high quality jobs. A crucial element for achieving innovation is the R & D, due to the stock of know...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Romanian National Institute of Statistics
2016-03-01
|
| Series: | Revista Română de Statistică |
| Subjects: | |
| Online Access: | http://www.revistadestatistica.ro/wp-content/uploads/2016/03/RRS01_2016_A4.pdf |
| Summary: | In the context of increased competition in the recent years, the innovation has become a key factor in economic development through better use of opportunities, capturing new markets and creating high quality jobs. A crucial element for achieving innovation is the R & D, due to the stock of knowledge created at the human, cultural and societal level and its use in designing new applications.
In order to manage the funds better in R & D, stimulate competitiveness and attract new funds into R & D, given the target of Europe 2020 Agenda, the paper analyzes the correlation between expenditure and employees in R & D by performance sectors from Romania, and presents a mathematical model which might explain the dynamic of the structure of employees in business sector from R&D. It also considers the impact of the results on the capacity for innovation, economic development and future directions of action to increase investment in R & D, efficient use of intellectual capital and economic specialization. |
|---|---|
| ISSN: | 1018-046X 1844-7694 |