Determinants of Research and Development: A Cross-country Empirical Study

• Main Authors: CHENG-YAO LEE, 李丞堯
• Other Authors: MENG-WEN TSOU
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/u9zfnt

碩士 === 國立中央大學 === 產業經濟研究所在職專班 === 105 === The thesis aims to investigate the determinants of national R&D activity. Based on a panel dataset of 33 OECD members and 34 Non-OECD countries during the 2004-2013 period, empirical results are similar when the R&D activity is measured by R&D expenditure or R&D intensity. Per capita GDP and human capital are two key factors that are significantly positive related to R&D activity for all countries. FDI is negatively related to R&D for only OECD members, whereas freedom index has a significantly positive on R&D for only non-OECD countries.