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Government and business funding of sources of funds for R&D at universities: complements or substitutes?
Title Government and business funding of sources of funds for R&D at universities: complements or substitutes? Author info Ján Huňady, Peter Pisár ... [et al.] Author Huňady Ján 1985- (40%) UMBEF04 - Katedra financií a účtovníctva
Co-authors Pisár Peter 1975- (30%) UMBEF04 - Katedra financií a účtovníctva
Jošić Hrvoje (10%)
Žmuk Berislav (10%)
Pejić Bach Mirjana (10%)
Source document South East European Journal of Economics and Business. Vol. 18, no. 2 (2023), pp. 97-111. - Sarajevo : Univerzitet u Sarajevu, 2023 Keywords výskum a vývoj - veda a výskum - research and development financovanie - financing vyššie vzdelanie - higher education univerzity - universities Headings Geogr. Európa Form. Descr. články - journal articles Language English Country Bosnia and Herzegovina Annotation The paper examines the relationship between different sources of funding for research and developmentat universities. Following the European Commission methodology, we distinguished between government,business and abroad financing of research and development (R&D) in the higher education sector. The paperaims to test short-run and long-run relationships between different funding sources. We are focused on therelationship between government and business funding of R&D at universities. Based on panel data for EUcountries, we applied the Granger causality tests and General methods of moments to examine short-runcausality and cointegrating regression to search for potential long-run relationships. Our results suggest thatgovernment funding of R&D act as a complement to business funding. Hence, rising government financialsupport for research in higher education can, lead to higher funding from the business sector. Founding fromabroad seems to have a similar effect on business funding in the long run. URL Link na zdrojový dokument Public work category ADM No. of Archival Copy 53987 Catal.org. BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici Database xpca - PUBLIKAČNÁ ČINNOSŤ References PERIODIKÁ-Súborný záznam periodika 
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