Financial aspects of research and development policy in the European Union

- Jerzy Baruk, Ph.D. Eng

In the article the author has attempted to realise the following goals:

1) identifying and critical assessment of the share of expenditure on research and development (R&D) in the gross domestic product (GDP) borne by business entities concentrated in four sectors (enterprises, government, higher education and private non-profit institutions) and jointly in all sectors. This meter is treated as an indirect measure of the level of managerial activity in shaping the research and development policy,

2) checking the thesis that R&D expenditure are changeable and differ in the particular Member States and does not give a clear positive picture of the systematic and dynamic growth of research and development activity in these countries.

The article was developed using the following research methods: critical-cognitive analysis of the literature; statistical and comparative analysis of the “Eurostat” empirical material; the projection.

The statistical and comparative analysis of the secondary empirical material “Eurostat” illustrating the share of expenditure on research and development in the gross domestic product was used to check the thesis. The results of the analysis confirm the rightness of the research thesis.

Jerzy Baruk, Ph.D. Eng., Maria Curie-Skłodowska University in Lublin, Poland – a retired academic of the Institute of Marketing and Management of the Faculty of Economics at the Maria Curie-Skłodowska University in Lublin. His research work focuses on the organisational and economic aspects of innovation activities, innovation management and management through innovation, as well as the impact of innovation on the efficient functioning of organisations. Knowledge management and the relationship between the management of knowledge and innovation creation constitutes another area of his research work. Author of over 350 scientific publications on the broader aspects of innovation and knowledge management published in domestic and international scientific journals and conference materials. Author of four books and numerous other co-authored publications. He has also presented the results of his scholarly work and research at many domestic and international conferences. A fellow of the following learned organisations: Scientific Society of Organization and Management; Polish Association for Production Management; “Taures” Economic Initiative Enterprise in Warsaw; Lublin Scientific Society; Polish Praxeological Society; University – Industry – Science Partnership; Polish UNISPAR Working Group Society; Innovative Entrepreneurs’ Club at the Lublin Development Foundation. Advisor in the Lublin Branch of the Scientific Society for Organization and Management as well as the “Taures” Economic Initiative Enterprise in Warsaw.

DOI: 10.2478/minib-2019-0041
Contact: jerzy.baruk(at)
MINIB, 2019, Vol. 33, Issue 3

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