engleski

R&D Activity and patents in CEE countries

The R&D activity is acknowledged to be an important component for growth and development of countries and subsequent growth differentials among countries. On one side we have creation of knowledge through R&D process and on the other side we have the actual output of the R&D process in terms of patents. Even though Central and East European countries are not at the technology frontier they too produce knowledge which is not only important in terms of royalties, but also as a prerequisite for successful technology transfer, assimilation and diffusion from technology frontier countries. In this paper we analyze the impact of R&D process and output (patents) on growth and development on selected Central and East European countries. The selection of countries is based on data availability, which is in many cases problematic, so we use pooled data and panel data in order to perform the analysis.

R&D; patents; technology diffusion; growth

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