In a company, the relation between research expenditure and sales. In high-tech industries, this ratio can exceed twenty percent. The research quota sometimes plays a decisive role in bank lending to these companies. – In terms of an economy, the expenditure on research in relation to the gross national product. It has been proven that the research ratio measured in this way is decisive for a country’s international competitive status and thus also for the exchange rate of its currency. – For Germany, a total economic research ratio of 2.5 percent by 2020 is the target set by policymakers. – See foreign trade dependency, Balassa index, globalization, innovation funds, patent grants, venture capital, seed capital, structural change, unit value ratio, rigidities, structural, terms of trade.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/