This paper focuses on investment in research and development as a factor of labour productivity and economic growth …. Our analysis confirms the link between expenditure for research and development (expressed in % of GDP) and labour … causal link between variables of the concave parabola was confirmed, and the value of expenditure for research and …

Over time, the research has played a key role in the economic development reflected by the GDP growth, the increase of … the patents' number, the volume of exports, the economic competitiveness of countries which have invested in research and … the expenditures with the Research and Development and the number of patents reported at 1 million inhabitants, influences …

;D. The analysis employs various panel data techniques and uses patent and Ramp;D data for 20 OECD and 10 Non-OECD countries … results do not necessarily suggest a rejection of Ramp;D based growth models, given that neither patent nor Ramp;D data …