Innovation-driven Economic Growth – How Hungary Will Be Home to Innovative Entrepreneurs and Enterprises
Productivity is significantly higher in countries that consistently spend at least 3 per cent of GDP on R&D, irrespective of economic cycles. Increasing productivity is necessary to boost the competitiveness of the economy and accordingly, significant growth in domestic R&D expenditure is es...
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| Main Authors: | László Bódis, Ádám Kiss |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Magyar Nemzeti Bank (Central Bank of Hungary)
2025-03-01
|
| Series: | Financial and Economic Review |
| Subjects: | |
| Online Access: | https://hitelintezetiszemle.mnb.hu/sw/static/file/fer-24-1-ove1-bodis-kiss.pdf |
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