Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281683 
Year of Publication: 
2022
Citation: 
[Journal:] Amfiteatru Economic Journal [ISSN:] 2247-9104 [Volume:] 24 [Issue:] Special Issue No. 16 [Year:] 2022 [Pages:] 970-988
Publisher: 
The Bucharest University of Economic Studies, Bucharest
Abstract: 
Considering the role of research and development in increasing knowledge with creative work, in this study, we analyse the link between research and development expenditures in several performance sectors (business, government, higher education) and indicators regarding the protection of intellectual property rights and financial development. The analysis refers to the member states of the European Union, divided into two categories (Central and Eastern Europe and Western Europe), for the period 2007-2020. The results obtained after using a panel data methodology suggest that the settings are different for the two groups of countries. This new perspective (i.e., the disparity between regions and the type of sector) can be considered as evidence in favour of decisions to support research and development expenditures in sensitive situations.
Subjects: 
research and development
intellectual property rights protection
financial development index
panel approach
European Union.
JEL: 
O30
O34
G10
G20
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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