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The efficiency of spending on R&D in Latin America region

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  • Pawel Dobrzanski

Abstract

Innovativeness is one of the key factors stimulating economic growth. Improving innovative capacities is especially important for developing countries. The Latin American region is characterized by a variety of innovation policies. In this article, the author attempts to answer the question of which Latin American countries most efficiently spend funds on R&D. The study presented in this article also verifies the hypothesis that increased spending on R&D does not result in a proportional increase in the intended innovative results. The main research methodology employed is data envelopment analysis (DEA), which allows for assessing input-output efficiency and indicates the efficiency frontier for the period between 2000 and 2017.

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  • Pawel Dobrzanski, 2020. "The efficiency of spending on R&D in Latin America region," Applied Economics, Taylor & Francis Journals, vol. 52(46), pages 5020-5034, October.
    • Handle: RePEc:taf:applec:v:52:y:2020:i:46:p:5020-5034
    DOI: 10.1080/00036846.2020.1752900
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    Cited by:

    1. Marco Túlio Dinali Viglioni & Mozar José Brito & Cristina Lelis Leal Calegario, 2020. "Innovation and R&D in Latin America and the Caribbean countries: a systematic literature review," Scientometrics, Springer;Akadémiai Kiadó, vol. 125(3), pages 2131-2167, December.

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