Abstract
Since Investments in R&D have been identified as a major engine of growth by recent endogenous models, many studies have investigated the determinant R&D intensity. This paper analyzes the impact of determinant factor on the R&D investment with emphasize on openness trade by a panel data model of R&D .the result from OECD countries from 1996-2008 shows that economic growth, openness trade and R&D expenditure that funded by government have positive impact on R&D intensity while openness trade has more effect than others.
Keywords
Abstract
Since Investments in R&D have been identified as a major engine of growth by recent endogenous models, many studies have investigated the determinant R&D intensity. This paper analyzes the impact of determinant factor on the R&D investment with emphasize on openness trade by a panel data model of R&D .the result from OECD countries from 1996-2008 shows that economic growth, openness trade and R&D expenditure that funded by government have positive impact on R&D intensity while openness trade has more effect than others.
Keywords
Details
| Primary Language | Turkish |
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| Authors | |
| Publication Date | December 1, 2010 |
| Published in Issue | Year 2010 Volume: 5 Issue: 2 |