Efficiency of the R&D sector in the EU states. Does the source of funds matter?

Research Papers in Economics and Finance

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Field Value
 
Title Efficiency of the R&D sector in the EU states. Does the source of funds matter?
 
Creator Homski, Kamil Albert
 
Subject R&D sector
R&D financing
R&D efficiency
R&D financing structure
EU countries
 
Description The first aim of this study was to measure the efficiency of the R&D sector in the EU countries. The findings have indicated that the sector’s efficiency was different in particular countries. It was more than three times higher in the most efficient states than in the least efficient ones. The results also indicate that decreasing returns to scale are characteristic in the R&D sector in the EU countries. The second aim was to examine the relationship between the efficiency of the R&D sector and the structure of its financing. The empirical results occurred to be consistent with the research hypotheses – the public sector’s share in the R&D financing structure affects the efficiency of the R&D sector positively, while the private sector’sshare affects it negatively.


 
 
Publisher Faculty of Economics, Poznań University of Economics and Business
 
Date 2019-08-27
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ref.ue.poznan.pl/index.php/REF/article/view/78
10.18559/ref.2018.2.4
 
Source Research Papers in Economics and Finance; Vol 3 No 2; 37-44
2543-6430
 
Language eng
 
Relation http://ref.ue.poznan.pl/index.php/REF/article/view/78/42
 
Rights Copyright (c) 2019 Kamil Albert Homski
https://creativecommons.org/licenses/by-nc/4.0
 

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