Open Access Article SciPap-838
Research and Development in Slovakia, Denmark and Finland From the Perspective of the Strategy Europe 2020
by Michal Tkáč 1, Emília Duľová Spišáková 2,* and Barbora Gontkovičová 3

1 Podnikovohospodárska fakulta so sídlom v Košiciach, Ekonomická univerzita v Bratislave, Tajovského 13, Košice 041 30, Slovakia

2 Podnikovohospodárska fakulta so sídlom v Košiciach, Ekonomická univerzita v Bratislave, Tajovského 13, Košice 041 30, Slovakia

3 Podnikovohospodárska fakulta so sídlom v Košiciach, Ekonomická univerzita v Bratislave, Tajovského 13, Košice 041 30, Slovakia

* Authors to whom correspondence should be addressed.

Abstract: Currently, research, development and innovation is one of five areas that form the basis of the strategy Europe 2020. One of the basic indicators of evaluation of the R&D level in country is an indicator reflecting the share of gross domestic expenditure on R&D in the country's GDP. This indicator is used to monitor the achievement of the objective of the strategy, which is the EU to increase spending on R&D in 2020 to 3% of GDP. Therefore, the article deals with the issue of R&D in selected countries formulated in the strategy Europe 2020 in terms of the amount of expenditure incurred the above activities, the structure of expenditure to the GDP of countries and other partial indicators, which indicate differences in the R&D areas between analyzed and compared countries. Part of the contribution will predict the expected development of the indicator expressing the share of expenditure on R&D in GDP of countries in order to determine whether the targets set for each country are achievable by 2020.

Keywords: Research, Development, Lisabon Strategy, Strategy Europe 2020, Target

JEL classification:   O31 - Innovation and Invention: Processes and Incentives,   O32 - Management of Technological Innovation and &

SciPap 2017, 25(1), 838

Received: 1 September 2016 / Accepted: 20 March 2017 / Published: 12 April 2017