Published Online: Feb 02, 2022
Page range: 17 - 31
DOI: https://doi.org/10.2478/auseur-2021-0009
Keywords
© 2021 Szilárd Madaras et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
This paper contains the analysis of regional innovation performance in the NUTS 2 regions of Romania, based on the European Innovation Scoreboard evaluation for 2011 and 2019, and the identification of the most significant influencing factors of county-level R&D activity, for the 1997–2018 period. The Regional Innovation Index (RII) provides a profound characterization for Romanian regions regarding their innovation performance, which was studied using the GIS (Geographic Information System) methodology in relation with the regional R&D activity, GDP per capita, and entrepreneurship innovation. In the following, the Romanian R&D activity is analysed at the county level. The influencing factors of R&D expenditures and employment in Romanian counties were studied based on two panel regression models and using exogenous variables, for economic development, entrepreneurship, education, and infrastructure.