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Specific mechanisms for stimulating R&D investments within the EU

Author

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  • Victor LAVRIC

    (The Bucharest University of Economic Studies)

Abstract

This paper consists of a meta-analysis of several studies regarding the innovation and R&D potential of the European Union, as well as the internal discrepancies among different member states. This part is followed by a comparative structural analysis of the main characteristics of innovative and non-innovative enterprises from the European Union, thus facilitating the identification of the most relevant aspects that are innovation-sensitive, as well as and the major obstacles that influence the innovative activity of companies. As a result, we were able to identify the most adequate mechanisms used for stimulating innovation and R&D activities and, therefore, we draw our concluding remarks and advanced several general recommendations concerning the governmental approaches innovation and R&D activities in the business enterprise sector.

Suggested Citation

  • Victor LAVRIC, 2015. "Specific mechanisms for stimulating R&D investments within the EU," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 3(4), pages 61-76, November.
    • Handle: RePEc:sek:jijobm:v:3:y:2015:i:4:p:61-76
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    References listed on IDEAS

    as
    1. Victor Lavric, 2012. "The Dynamics Of R&D Activities In Romania Within The European Context," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 648-654, November.
    2. Dong, Jing & Gou, Yan-nan, 2010. "Corporate governance structure, managerial discretion, and the R&D investment in China," International Review of Economics & Finance, Elsevier, vol. 19(2), pages 180-188, April.
    3. Aerts, Kris & Schmidt, Tobias, 2008. "Two for the price of one?: Additionality effects of R&D subsidies: A comparison between Flanders and Germany," Research Policy, Elsevier, vol. 37(5), pages 806-822, June.
    4. Victor LAVRIC, 2013. "The Dynamics Of R&D Human Resources In Romania Within The European Context," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 259-267, November.
    5. Kesavayuth, Dusanee & Zikos, Vasileios, 2012. "Upstream and downstream horizontal R&D networks," Economic Modelling, Elsevier, vol. 29(3), pages 742-750.
    6. Ion POPA & Victor LAVRIC & Mircea Stelian DRAGHICI, 2012. "Tax Incentive Schemes For R&D – A Solution For The Romanian Economy," Review of General Management, Spiru Haret University, Faculty of Management Brasov, vol. 16(2), pages 87-99, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    R&D; Innovation; Tax incentives; European Union; Entrepreneurship;
    All these keywords.

    JEL classification:

    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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