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The contribution of innovation actors into business R&D funding - Does the substitution effect of public support worh in the EU?
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$a 10.15240/tul/001/2020-1-009 $2 DOI 035 $a biblio/184361 $2 CREPC2 100 $a 20200429d2020 m y slo 03 ba 101 0-
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$a The contribution of innovation actors into business R&D funding - Does the substitution effect of public support worh in the EU? $f Peter Pisár, Ina Ďurčeková, Mária Stachová 330 $a Innovation and R&D are becoming a prominent part of policies of countries and transnational unions such as the European Union. This is shown in strategy "Europe 2020" established by EU which prompts member states to invest 3% of their GDP in R&D. R&D expenditure is an important indicator of innovation performance of a country. However, it is not only important to look at R&D expenditure as one aggregate indicator, but to also consider the contributions of various innovation actors to R&D funding. Since firms are known to be the main innovation actor that creates the biggest amount of innovation in national innovation system, the paper is focused on financing of business R&D. The aim of the paper is to examine business R&D funding from resources of main innovation actors and to analyze the impact of public support of R&D on private R&D investment in EU member states. The research is based on descriptive statistics as well as panel regression and correlation analysis and cluster analysis 463 -1
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Number of the records: 1