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Scientific paper - Original scientific paper
Research and Development and Economic Growth: EU Port Regions
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 37 (2019), 2; 587-602. https://doi.org/10.18045/zbefri.2019.2.587
Mudronja, Gorana; Jugović, Alen; Škalamera- Alilović, Dunja

Institutional repository: Repository of the University of Rijeka, Faculty of Maritime Studies - FMSRI Repository

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Mudronja, G., Jugović, A. & Škalamera Alilović, D. (2019). Research and Development and Economic Growth: EU Port Regions. Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 37. (2), 587-602. doi: 10.18045/zbefri.2019.2.587

Mudronja, Gorana, et al. "Research and Development and Economic Growth: EU Port Regions." Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, vol. 37, no. 2, 2019, pp. 587-602. https://doi.org/10.18045/zbefri.2019.2.587

Mudronja, Gorana, Alen Jugović and Dunja Škalamera Alilović. "Research and Development and Economic Growth: EU Port Regions." Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu 37, no. 2 (2019): 587-602. https://doi.org/10.18045/zbefri.2019.2.587

Mudronja, G., Jugović, A. and Škalamera Alilović, D. (2019) 'Research and Development and Economic Growth: EU Port Regions', Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 37(2), pp. 587-602. doi: 10.18045/zbefri.2019.2.587

Mudronja G, Jugović A, Škalamera Alilović D. Research and Development and Economic Growth: EU Port Regions. Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu [Internet]. 2019 [cited 2024 December 28];37(2):587-602. doi: 10.18045/zbefri.2019.2.587

G. Mudronja, A. Jugović and D. Škalamera Alilović, "Research and Development and Economic Growth: EU Port Regions", Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, vol. 37, no. 2, pp. 587-602, 2019. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:187:589558. [Accessed: 28 December 2024]

Metadata
Title (english)Research and Development and Economic Growth: EU Port Regions
AuthorGorana Mudronja
AuthorAlen Jugović
AuthorDunja Škalamera- Alilović
Author's institutionUniversity of Rijeka
Faculty of Maritime Studies
(Department of Logistics and Management)
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
Investment in research and development (R&D) creates preconditions for the implementation of more advanced and better technologies. It enables the introduction of new products or production processes which can result in higher earnings and potential economic growth. Even though research and development is a catalyst for the genesis of aggregate economic activity, its importance is not widely researched at regional levels. The European Union has defined strategies which view innovation as an essential element in stimulating growth and job creation. The aim of this paper is to establish and measure the impact of investment in R&D on economic growth of port regions. The data used in this research were panel data of the European Union’s port regions for NUTS 2 classification for the period from 2005 to 2015. The results of the two-step Generalized Method of Moments (GMM) indicate that investment in R&D has a significant impact on the economic growth of the port regions in European Union. However, in order for innovations to be accepted and implemented, it is also necessary for regions to have specific economic structure which was further analyzed in this paper. Regions with high innovation capacity create greater economic benefits and are considered to grow faster than other regions.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Numberingvol. 37, no. 2, pp. 587-602
p-ISSN1331-8004
DOIhttps://doi.org/10.18045/zbefri.2019.2.587
URN:NBNurn:nbn:hr:187:589558
Publication2019
Document URLhttp://bib.irb.hr/1041685
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2022-07-13 09:21:36