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The Impact of R&D Collaboration on Technological Innovation in European Countries

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  • Kamilia Loukil

Abstract

The present study examines the impact of collaboration in research and development (R&D) on technological innovation in emerging and developing countries. For this purpose, we use data on R&D expenditures performed by the public sector and funded by the business sector and R&D expenditures performed by the business sector and funded by abroad for R&D collaboration, while technological innovation is measured by US patent applications. Linear regressions are applied on data for 22 countries during the period 2006-2013. Findings show that both types of collaboration increases the innovation level. The main conclusion of our study is that the promotion of R&D cooperation between all sectors of the economy is an effective instrument of innovation policy in European countries.

Suggested Citation

  • Kamilia Loukil, 2018. "The Impact of R&D Collaboration on Technological Innovation in European Countries," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(4), pages 34-41, December.
    • Handle: RePEc:khe:scajes:v:4:y:2018:i:4:p:34-41
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    More about this item

    Keywords

    Innovation; R&D collaboration; public research; multinational companies; European countries;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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