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Innovation and Competitiveness of the Slovak Economy: New Evidence of International Impacts in the Knowledge Accumulation Process

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  • Puškárová Paula

    (Institute for Economics and Management, University of Economics in Bratislava)

  • Zajac Štefan

    (Institute for Economics and Management, University of Economics in Bratislava)

Abstract

The objectives of this paper are twofold - to demonstrate the internal forces driving R&D productivity in Slovakia and the internationalization of Slovak R&D investments and R&D patenting since EU accession as compared to the other Visegrad Four (V4) countries. After the Introduction, Slovakia's position in the field of competitiveness and the Slovak innovation policy are described. The Slovak knowledge accumulation paradox being the discrepancy between R&D productivity and TFP is then demonstrated and disentangled through an analysis of innovation activities using Eurostat and OECD Stat data spanning the 1995-2011 period. This analysis is followed by some concluding remarks.

Suggested Citation

  • Puškárová Paula & Zajac Štefan, 2014. "Innovation and Competitiveness of the Slovak Economy: New Evidence of International Impacts in the Knowledge Accumulation Process," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 42(1), pages 81-97, June.
    • Handle: RePEc:vrs:ijomae:v:42:y:2014:i:1:p:81-97:n:5
    DOI: 10.2478/ijme-2014-0044
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    References listed on IDEAS

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    More about this item

    Keywords

    Slovak economy; competitiveness; innovation performance; education and labor market; Visegrad Four countries; innovation policy;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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