dc.contributor.author |
Walwyn, David Richard
|
|
dc.date.accessioned |
2011-06-08T06:03:34Z |
|
dc.date.available |
2011-06-08T06:03:34Z |
|
dc.date.issued |
2010-06 |
|
dc.description.abstract |
Gross domestic expenditure on research and development (GERD), usually expressed
as a percentage of gross domestic product (GDP), is a widely used indicator to reflect
the research intensity within a national economy, and hence its capacity to develop new and innovative products or services. It is also used as a key target in the management of national innovation systems. For instance, the South African National Research and Development Strategy set a target of raising GERD/GDP to ‘somewhat over 1%’, and in 2002 the Barcelona European Council set an EU target of 3%.
Despite its widespread usage, there is little discussion or agreement on how this target
should be derived within a broad range of economic contexts and levels of
affordability. In this paper, a composite indicator based on GERD/GDP, normalised
for GDP per capita, is developed and its use in a number of countries explored and explained. As a result, a set of GERD/GDP targets for various categories of developing countries is proposed. |
en_US |
dc.identifier.citation |
Walwyn, DR 2010, 'Determining research and development expenditure targets based on an affordability index', International Journal of Innovation and Technology Management, vol. 7, no. 2, pp. 183-191. [http://www.worldscinet.com/ijitm/] |
en_US |
dc.identifier.issn |
0219-8770 |
|
dc.identifier.issn |
1793-6950 (online) |
|
dc.identifier.other |
10.1142/S0219877010001908 |
|
dc.identifier.uri |
http://hdl.handle.net/2263/16714 |
|
dc.language.iso |
en |
en_US |
dc.publisher |
World Scientific |
en_US |
dc.rights |
© 2011 World Scientific Publishing Co. All rights reserved. |
en_US |
dc.subject |
Gross domestic expenditure on research and development (GERD) |
en_US |
dc.subject |
Research and development (R&D) |
en_US |
dc.subject |
Indicators |
en_US |
dc.subject |
Developing countries |
en_US |
dc.subject |
Investment target |
en_US |
dc.subject.lcsh |
Gross domestic product (GDP) |
en |
dc.subject.lcsh |
Research and development projects -- Developing countries |
en |
dc.subject.lcsh |
Economic development projects -- Developing countries -- Finance |
en |
dc.subject.lcsh |
Developing countries -- Economic conditions |
en |
dc.title |
Determining research and development expenditure targets based on an affordability index |
en_US |
dc.type |
Postprint Article |
en_US |