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How The Investment In R&D Is Related To The Human Capital Accumulation? The Case Of Romania

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  • Olimpia Neagu

Abstract

The paper tries to clarify the link between the investment in R&D and the accumulation of human capital. In the paper is analyzed the investment in R&D at the EU level, underlying the case of Romania and the link between this type of investment and the human capital accumulation. At the EU level, the R&D investment is differently influenced by the human capital accumulation: the educational level of the population and doctorate students in science and technology are influencing the employment in knowledge-intensive sectors and doctorate students in science and technology are influencing the R&D personnel. In Romania, human capital accumulation can stimulate both, inputs and outputs of the R&D investment. The quality of the human capital is important: only the tertiary educated people and graduates in science and technology can influence the R&D investment.

Suggested Citation

  • Olimpia Neagu, 2011. "How The Investment In R&D Is Related To The Human Capital Accumulation? The Case Of Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(13), pages 1-35.
    • Handle: RePEc:alu:journl:v:2:y:2011:i:13:p:35
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    3. Gust, Christopher & Marquez, Jaime, 2004. "International comparisons of productivity growth: the role of information technology and regulatory practices," Labour Economics, Elsevier, vol. 11(1), pages 33-58, February.
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