There has been a long line of studies concerning the nexus between R&D expenditure and Economic Performance. However, there has been little research on this nexus on a regional level in Germany. This paper aims to analyse the relationship between R&D expenditure (total, business sector and public sector each) and GDP per capita at a regional level in Germany for the time period 2000-2017. The method of estimation employed in fixed effects panel regression analysis. It is found that total R&D expenditure and regional GDP per capita have an insiginificant relationship, but a negtiavely significant one when a lagged value of R&D expenditure is considered. The relationship between public R&D expenditure and regional GDP per capita is significantly negative, whereas the relationship between business sector R&D expenditure and regional GDP per capita is insignificant. Further scope for research could include analysing the effect of regional innovation clusters and the role of R&D strategy in improving the economic performance of regions in Germany.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hj-49791 |
| Date | January 2020 |
| Creators | Salvekar, Siddhi |
| Publisher | Jönköping University, Internationella Handelshögskolan |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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