Aspects regarding the contribution of research and technical progress at GDP’s growth

Duda-Daianu, Dana Codruta and Harangus, Daniela (2008): Aspects regarding the contribution of research and technical progress at GDP’s growth. Published in: Annals of DAAAM for 2008&Proceedings of the 19thUnternational DAAAM Symposium (22. October 2008): pp. 445-446.

Abstract

The work paper aims to point out the importance of the new technologies like factor of economic development. The new technologies represent the base of competitive advantage at micro and macro level. Those countries that support research could achieve higher GDP, which is an important issue. In the first part of the paper we would like to point out the importance of technical progress and innovations at GDP’s growth, presenting the relation between investments and the aggregated function of production. The last part of the work paper is an analyse of Romania’s situation in the context of European integration from the point of view of investments in the component of informational technology – transformation factor of an economic and social system.

• Item Type: MPRA Paper
• Language: English
• Keywords: labour force, research, investments, innovation, GDP
• Subjects: F - International Economics > F0 - General > F00 - General; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F43 - Economic Growth of Open Economies

References

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