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Government and business funding of sources of funds for R&D at universities: complements or substitutes?

  1. TitleGovernment and business funding of sources of funds for R&D at universities: complements or substitutes?
    Author infoJán Huňady, Peter Pisár ... [et al.]
    Author Huňady Ján 1985- (40%) UMBEF04 - Katedra financií a účtovníctva
    Co-authors Pisár Peter 1975- (30%) UMBEF04 - Katedra financií a účtovníctva
    Jošić Hrvoje (10%)
    Žmuk Berislav (10%)
    Pejić Bach Mirjana (10%)
    Source document South East European Journal of Economics and Business. Vol. 18, no. 2 (2023), pp. 97-111. - Sarajevo : Univerzitet u Sarajevu, 2023
    Keywords výskum a vývoj - veda a výskum - research and development   financovanie - financing   vyššie vzdelanie - higher education   univerzity - universities  
    Headings Geogr. Európa
    Form. Descr.články - journal articles
    LanguageEnglish
    CountryBosnia and Herzegovina
    AnnotationThe paper examines the relationship between different sources of funding for research and developmentat universities. Following the European Commission methodology, we distinguished between government,business and abroad financing of research and development (R&D) in the higher education sector. The paperaims to test short-run and long-run relationships between different funding sources. We are focused on therelationship between government and business funding of R&D at universities. Based on panel data for EUcountries, we applied the Granger causality tests and General methods of moments to examine short-runcausality and cointegrating regression to search for potential long-run relationships. Our results suggest thatgovernment funding of R&D act as a complement to business funding. Hence, rising government financialsupport for research in higher education can, lead to higher funding from the business sector. Founding fromabroad seems to have a similar effect on business funding in the long run.
    URLLink na zdrojový dokument
    Public work category ADM
    No. of Archival Copy53987
    Repercussion category EFENDIC, Adnan - VESELINOVIC, Ljiljan. Navigating diverse frontiers in economics navigating diverse frontiers in economics and business of see region - editorial. In South East European journal of economics and business. ISSN 1840-118X, 2023, vol. 18, no. 2, pp. 6-9.
    VRDOLJAK, Ivana. Development of lifelong education in the Republic of Croatia : an analysis of trends in PhD graduations. In Proceedings of the ENTRENOVA - enterprise research innovation conference [online]. 2023, vol. 9, no. 1, pp. 148-158 [cit. 2024-05-24]. ISSN 2706-4735. Dostupné na: https://doi.org/10.54820/entrenova-2023-0015
    GORNOSTAEVA, Zhanna V. - SHABALTINA, Larisa V. - DENISOV, Igor V. - MUSATKINA, Aleksandra A. - SINYAVSKIY, Nikolai G. Support of the SDGs as a new approach to financial risk management in responsible universities in Russia. In Risks. ISSN 2227-9091, 2024, vol. 12, no. 6, pp. 1-26.
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
    ReferencesPERIODIKÁ-Súborný záznam periodika
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