The innovation, R&D expenditures, and the investments in technology are premises for ensuring competitiveness and progress, and through them a sustainable economic growth. A sustained level of education of the workforce, increasing investments in the research area, the creation of the new products and the facile access of investors to stock markets, firstly, will ensure the development of the private and public sectors, and secondly, will improve the living conditions of the population. The purpose of this paper is to analyze if the long term economic growth is influenced by the innovation potential of an economy. Our analysis was performed by using multiple regression models estimated for the following CEE countries, namely Poland, the Czech Republic, and Hungary. In order to quantify the innovation, we have used various variables, such as the number of patents, number of trademarks, R&D expenditures. The results provide evidence of a positive relationship between economic growth and innovation.
Last Updated on: Nov 23, 2024List of Open Access Journals View More
Reviews in Pharmacy and Pharmaceutical Sciences
Reviews in Pharmacy and Pharmaceutical sciences is a peer-reviewed scholarly journal that aims to publish high quality research on Pharmacology and Toxicology, Pharmaceutical Chemistry, Pharmaceutical Analysis and Quality Assurance, Pharmaceutics, Hospital and Clinical Pharmacy...View More
Clinical Trials and Medical Case Reports
Clinical trials and Medical Case reports is an open access peer reviewed journal. It publishes Clinical trials, Medical case reports and Medical images from all fields of medicine in all orders by which medicinal services experts, specialists and others can easily understand the disease conditions...View More
Journal of Cardiology Research and Endovascular Therapy
The journal focus includes cardiac diseases, cardiovascular surgeries, pathophysiology, screening and epidemiology, vascular diseases, embolic protection, imaging technologies and electrophysiology, drug-eluting stents etc. JCRET articles will be strictly peer-reviewed through double blind...View More
Journal of Molecular Genetics and Gene Research
Journal of Molecular Genetics and Gene Research is a peer reviewed scientific journal known for rapid dissemination of high-quality research. It serves the International Scientific Community with its standard research publications. This journal is using Online Manuscript Management system...View More
Journal of Environmental and Pollution
JEP is a scholarly open access peer-reviewed journal aim to publish be valuable source of information both experimental and theoretical in the field of environmental issues and Pollution and its applications...View More