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 07, 2024List of Open Access Journals View More
International Journal of Catalysis and Chemical Engineering
International Journal of Catalysis and Chemical Engineering (IJCCE) is a scholarly open access per-reviewed journal aim to publish be valuable source of information in field of Chemical Engineering, Catalysis, Catalytic Materials & Mechanisms, Nanocatalysis....View More
Review of Cell Science Journal
RCSJ welcome researchers, pharma companies, professors, scientists, biologists, biotechnologists, immunologists, stem cell researchers, clinical scientists, molecular biologists to contribute current research work to the scientific world....View More
Journal of Oncology and Cancer Research
Journal of Oncology and Cancer Research provides a unique platform for all the academicians and professionals to share their knowledge, laboratory findings, discussions which in-turn accelerates the further research in the field of cancer. JOCR manuscripts undergo rigorous...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
International Journal of Surgery and Anesthesia Research
International Journal of Surgery and Anesthesia Research is the internationally open access peer reviewed journal for the exploration, improvement and management of all aspects of Anesthesia and Surgery. It publishes peer reviewed original articles and highlights...View More
Health and Preventive Medicine Journal
Health and Preventive Medicine Journal (HPMJ) is a scholarly open access peer-reviewed journal aim to publish be valuable source of information both experimental and theoretical in field of Health science, Epidemiology, Health management and Preventive medicine...View More