R&D impact in the changes of economic structure of population

Research and Development (R&D) plays crucial role in the technological progress, and thus it can be seen as facilitator of the economic development. It is widely known that the importance of the research is not only in economic aspect but also in the technologic aspect. On the other hand, not a...

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Main Authors: Luljeta Aliu Mulaj, But Dedaj
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2025-05-01
Series:Business: Theory and Practice
Subjects:
Online Access:https://gc.vgtu.lt/index.php/BTP/article/view/18665
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author Luljeta Aliu Mulaj
But Dedaj
author_facet Luljeta Aliu Mulaj
But Dedaj
author_sort Luljeta Aliu Mulaj
collection DOAJ
description Research and Development (R&D) plays crucial role in the technological progress, and thus it can be seen as facilitator of the economic development. It is widely known that the importance of the research is not only in economic aspect but also in the technologic aspect. On the other hand, not all of countries have possibility to develop such researches, as it requires huge financial support, and professional human capital. As a result of these investments and technological developments, changes on the employment rate in each sector are evident. The study is focused on measuring the impact of R&D in the changes of the economic structure of population. In the study are included thirty world countries divided in three groups: ten countries with largest GDP, ten with largest GDP per capita and ten Balkan countries. Structural Equation Model is used to measure the impact of almost three decades until pandemic COVID-19. From the analysis conducted, the results show that, investments in research and development and innovation have positive impact on the economic structural of population.
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publisher Vilnius Gediminas Technical University
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series Business: Theory and Practice
spelling doaj-art-9ddb54e7b80248bd9e145e48dc50d54e2025-08-20T03:10:03ZengVilnius Gediminas Technical UniversityBusiness: Theory and Practice1648-06271822-42022025-05-0126110.3846/btp.2025.18665R&D impact in the changes of economic structure of populationLuljeta Aliu Mulaj0But Dedaj1https://orcid.org/0000-0001-9969-8565Faculty of Economics, University of Prishtina “Hasan Prishtina”, Prishtina, KosovoFaculty of Economics, University of Prishtina “Hasan Prishtina”, Prishtina, Kosovo Research and Development (R&D) plays crucial role in the technological progress, and thus it can be seen as facilitator of the economic development. It is widely known that the importance of the research is not only in economic aspect but also in the technologic aspect. On the other hand, not all of countries have possibility to develop such researches, as it requires huge financial support, and professional human capital. As a result of these investments and technological developments, changes on the employment rate in each sector are evident. The study is focused on measuring the impact of R&D in the changes of the economic structure of population. In the study are included thirty world countries divided in three groups: ten countries with largest GDP, ten with largest GDP per capita and ten Balkan countries. Structural Equation Model is used to measure the impact of almost three decades until pandemic COVID-19. From the analysis conducted, the results show that, investments in research and development and innovation have positive impact on the economic structural of population. https://gc.vgtu.lt/index.php/BTP/article/view/18665research and developmentinvestmentsinnovationeconomic structure of populationeconomic transformationstructural equation model
spellingShingle Luljeta Aliu Mulaj
But Dedaj
R&D impact in the changes of economic structure of population
Business: Theory and Practice
research and development
investments
innovation
economic structure of population
economic transformation
structural equation model
title R&D impact in the changes of economic structure of population
title_full R&D impact in the changes of economic structure of population
title_fullStr R&D impact in the changes of economic structure of population
title_full_unstemmed R&D impact in the changes of economic structure of population
title_short R&D impact in the changes of economic structure of population
title_sort r d impact in the changes of economic structure of population
topic research and development
investments
innovation
economic structure of population
economic transformation
structural equation model
url https://gc.vgtu.lt/index.php/BTP/article/view/18665
work_keys_str_mv AT luljetaaliumulaj rdimpactinthechangesofeconomicstructureofpopulation
AT butdedaj rdimpactinthechangesofeconomicstructureofpopulation