0000000000246687
AUTHOR
Elisabeth T. Pereira
INNOVATION AS A KEY FACTOR IN THE INTERNATIONAL COMPETITIVENESS OF THE EUROPEAN UNION
There is international scientific consensus that economic progress will be driven by innovation, namely the invention and application of new technologies. Research and Development (R&D) is one category of spending that develops and drives these new technologies. From the perspective of competiveness, private sector firms are prone to focus their R&D on “applied” projects and many government-sponsored technological advances have been instrumental in driving economic growth and rising living standards. According to the published literature, it is expected that countries engaging in R&D activities have a comparative advantage in export of products, and countries with the “largest” R&D expendit…
European Union's Competitiveness and Export Performance in Context of EU – Russia Political and Economic Sanctions
Abstract This paper aims to explore performance of European Union's export in context of competitiveness targets enclosed in Europe 2020 strategy. Authors are addressing recent geo-political events regarding EU-Russia political and economic sanctions. Authors evaluate only economic results from sanctions and do not make an analysis of the nature of political sanctions. Paper gives an overview of the European Union trade performance within last 15 years and makes detailed analysis of the trade structure. Further, authors address European Union – Russia trade and nature of the trade. At the end of the article authors evaluate impact of the sanctions that took effect within a last year.
The Contribution of Technological Change on EU's Exports
Abstract The competitiveness of European countries is a constant concern in an environment dominated by the globalization of markets. Export competitiveness is an important dimension of a country's competitiveness. On top of that, in support to competitiveness, innovation is considered as a strong variable according to the Schumpeterian framework. This paper explores the relationship between technological change and international trade according to the OECD technological classification and the United Nations International System of Industrial Classification third revision for the 2 and 3 digit divisions of the manufacturing sector industry. An exploratory analysis is carried out on four Eur…