Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(4), 873-880 | DOI: 10.11118/actaun201361040873

Visegrad Four countries: evaluation in R&D sectors of performance

Nina Bočková
Department of Economics, Faculty of Business and Management, Brno University of Technology, Kolejní 2906/4, 612 00 Brno, Czech Republic

Competitiveness is currently being studied by many economic analyses. Generalization of the countries' competitiveness definition as a measure of understanding of the performance evaluation economies is important. Visegrad Four countries: Hungary, the Czech Republic, Slovakia and Poland were admitted to the European Union in May 2004. EU Member States must respect the common EU objectives. The European Union, as expressed in the strategy Europe 2020, is obliged to increase competitiveness, innovation, by introduction of modern technology and especially the growth R&D investment.
Limited data to evaluate R&D expenditure: inconsistencies in the R&D support, the absence of data concerning the other means of financing in the sector BERD, limitations of statistical data on the number of innovations only to firms with R&D activities.
The aim of this paper is to evaluate the development of R&D expenditures by sector of funding in the Visegrad Four countries in comparison with the values of the EU-27 and countries of Visegrad Four together.

Keywords: gross domestic expenditure on R&D, Visegrad Four, increase competitiveness, financing sector R&D
Grants and funding:

This document was supported by grant Faculty of Business and Management "Microeconomic and macroeconomic principles and their effect on corporate behavior".

Received: April 11, 2013; Published: July 13, 2013  Show citation

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Bočková, N. (2013). Visegrad Four countries: evaluation in R&D sectors of performance. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 61(4), 873-880. doi: 10.11118/actaun201361040873
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