INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH
Creating a European Research Area (ERA) was defined as a strategic goal in the area of scientific research and technological development at the Lisbon Conference 2000. The Seventh Framework Programme for research and technological development (FP7) is one of the instruments for reaching the goals se...
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| Format: | Article |
| Language: | English |
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University of Banja Luka, Faculty of Economics
2009-06-01
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| Series: | Acta Economica |
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| Online Access: | http://ae.ef.unibl.org/index.php/AE/article/view/244 |
| _version_ | 1828288135692288000 |
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| author | Жељана Јовичић, M.Sc. |
| author_facet | Жељана Јовичић, M.Sc. |
| author_sort | Жељана Јовичић, M.Sc. |
| collection | DOAJ |
| description | Creating a European Research Area (ERA) was defined as a strategic goal in the area of scientific research and technological development at the Lisbon Conference 2000. The Seventh Framework Programme for research and technological development (FP7) is one of the instruments for reaching the goals set by the Lisbon Conference in which the European Union defines its development strategy for the upcoming period. One of the key aspects of this strategy is knowledge as the leverage of society.
The base of economic growth is a society capable to create new values. Economis growth and development are complementary terms. Economic growth is connected to increasing production per head of population, whereas economic development includes an improvement of institutional, social and political conditions.
In public debates, the greatest importance is given to the reduction of public expenses, monetary and fiscal politics, while all talk of innovations, research and quality of gained and kept knowledge merely sporadically touch the core of the problem. However, this work researches the way that investments in scientific research affect the increase of the gross social product, which makes greater national budget possible, influencing public expenditure. |
| first_indexed | 2024-04-13T09:59:26Z |
| format | Article |
| id | doaj.art-42f9033b50b14deeb4495ab014e7cca1 |
| institution | Directory Open Access Journal |
| issn | 1512-858X 2232-738X |
| language | English |
| last_indexed | 2024-04-13T09:59:26Z |
| publishDate | 2009-06-01 |
| publisher | University of Banja Luka, Faculty of Economics |
| record_format | Article |
| series | Acta Economica |
| spelling | doaj.art-42f9033b50b14deeb4495ab014e7cca12022-12-22T02:51:16ZengUniversity of Banja Luka, Faculty of EconomicsActa Economica1512-858X2232-738X2009-06-01710INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTHЖељана Јовичић, M.Sc.0Senior Assistant, Faculty of Economics, University of Banja LukaCreating a European Research Area (ERA) was defined as a strategic goal in the area of scientific research and technological development at the Lisbon Conference 2000. The Seventh Framework Programme for research and technological development (FP7) is one of the instruments for reaching the goals set by the Lisbon Conference in which the European Union defines its development strategy for the upcoming period. One of the key aspects of this strategy is knowledge as the leverage of society. The base of economic growth is a society capable to create new values. Economis growth and development are complementary terms. Economic growth is connected to increasing production per head of population, whereas economic development includes an improvement of institutional, social and political conditions. In public debates, the greatest importance is given to the reduction of public expenses, monetary and fiscal politics, while all talk of innovations, research and quality of gained and kept knowledge merely sporadically touch the core of the problem. However, this work researches the way that investments in scientific research affect the increase of the gross social product, which makes greater national budget possible, influencing public expenditure.http://ae.ef.unibl.org/index.php/AE/article/view/244science, technology, research, innovation, productivity, economic growth. |
| spellingShingle | Жељана Јовичић, M.Sc. INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH Acta Economica science, technology, research, innovation, productivity, economic growth. |
| title | INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH |
| title_full | INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH |
| title_fullStr | INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH |
| title_full_unstemmed | INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH |
| title_short | INVESTING INTO SCIENTIFIC RESEARCH AND ECONOMIC GROWTH |
| title_sort | investing into scientific research and economic growth |
| topic | science, technology, research, innovation, productivity, economic growth. |
| url | http://ae.ef.unibl.org/index.php/AE/article/view/244 |
| work_keys_str_mv | AT želanaǰovičićmsc investingintoscientificresearchandeconomicgrowth |