WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 18, 2021
The Regressive Dependence of Patents onR&D Outlays and R&D Employees in European Union Countries
Author:
Abstract: The research described herein seeks to determine the regressive dependence of the number of patents on the outlays on research-and-development and the number of those employed in the R&D sector, and to calculate on this basis the marginal and average cost/resource-intensity and labour-intensity of patents in the European Union countries in the years 2016 and 2019. Studies have shown that the total of the flexibility of the number of patents versus R&D outlays and R&D employment was identical for both years (i.e., 0.97). Hence, a method to determine whether undulation exists with the same total flexibility has been demonstrated. A 5.4 per cent decrease in the intensity of flexibility in the number of patents was identified for 2019. The research has shown that the growth in the number of patents proves to be in line with the growth of mean labour-intensity of patents for the years concerned. This proves that the knowledge resource plays a specific part in creating the number of patents for the counties and years under examination
Search Articles
Keywords: regression, R&D outlays, R&D employment, patents, European Union [EU] countries/Member States.
Pages: 265-275
DOI: 10.37394/23207.2021.18.27