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Aspects regarding the contribution of research and technical progress at GDP’s growth

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  • Duda-Daianu, Dana Codruta
  • Harangus, Daniela

Abstract

The work paper aims to point out the importance of the new technologies like factor of economic development. The new technologies represent the base of competitive advantage at micro and macro level. Those countries that support research could achieve higher GDP, which is an important issue. In the first part of the paper we would like to point out the importance of technical progress and innovations at GDP’s growth, presenting the relation between investments and the aggregated function of production. The last part of the work paper is an analyse of Romania’s situation in the context of European integration from the point of view of investments in the component of informational technology – transformation factor of an economic and social system.

Suggested Citation

  • Duda-Daianu, Dana Codruta & Harangus, Daniela, 2008. "Aspects regarding the contribution of research and technical progress at GDP’s growth," MPRA Paper 16533, University Library of Munich, Germany, revised 01 Aug 2008.
    • Handle: RePEc:pra:mprapa:16533
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    File URL: https://mpra.ub.uni-muenchen.de/16533/1/MPRA_paper_16533.pdf
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    References listed on IDEAS

    as
    1. Adrienn CZARL & Maria BELOVECZ, 2007. "Role of Research and Development in the 21st Century," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 0(4), pages 25-28.
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    More about this item

    Keywords

    labour force; research; investments; innovation; GDP;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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