Journal of Danubian Studies and Research, Vol 3, No 1 (2013)

Abstract

The research into innovation transfer in the global economy is a very urgent issue under the modern conditions of development of any country. Comparative characteristics of technology transfer in such countries and regions as the USA, EU, Asia, presented in the article, permit us to detect certain patterns of this process inherent both in developed and developing countries. The analysis made in the article can be useful for developing technology transfer processes in the Danube countries’ economy. The analytical method used in this research allowed us to determine the factor that is crucial for the growth of the world market of high-technology products and services. The analysis was conducted on several criteria such as the level of expenditure on R&D in the whole global economy, as well as in individual countries and regions. Besides, there were taken into account the added value of high-tech industries and the share of expenditure on R&D in total production costs. The conclusions regarding the effectiveness of funds allocated for scientific research and experimental development in the U.S. can be drawn on the basis of data presented in the paper on the amount of added value of the U.S. high-tech industries.