An Comparative Study On The Relationship Between R&D Investment And Economic Growth

With the human stepping into the 21st century, Knowledge economy comes with the integration of the economic globalization. The competition between the nations then becomes more serious. Under these circumstances, science and technology always lead to the national prosperity. Every country put S&T on an important position, and the R&D investment increases continuously each year. But the R&D investment in our country is still not good enough for our economic development, and there are some shortcomings in the R&D investment's structure such as lack of quantity, unreasonable distribution and so on.In this condition, this thesis conducts a comparative research on the relation between R&D investment and economic development. The thesis first describes the basic theories with different definitions by countries and organizations, makes comments on viewpoints as concerned, and investigates the cases of R&D investments currently in China and abroad. Based on it, the thesis analyses the linkage of facters affecting R&D investment struture to economic growth. Secondly, the author summaries the relation between R&D investment struture and economic development through comparing the basic situation of R&D investment in China and some other leading countries. It is concluded that different struture of R&D investment creates effects on economic growth.The thesis consists of the following chapters. Chapter one introduces different definitions of R&D and the meaning of R&D investment research. It also gives a brief introduction to the research target and key points. Chapter two makes a wholly study on the status quo of R&D investment research at home and abroad, including the methods and the findings. Chapter three makes a comparative study on the R&D investment structure among nations. Chapter four builds a model under the Grey System, trying to find the connections between the different factors in R&D investment and economic growth. Chapter five concludes the whole thesis and proposes several countermeasures and suggestions for the guidance of policy-making to insure the reasonable R&D investment and enable the original technological innovation of our country.