| By: |
Moid, Md Zubab Ibne (University of North Carolina at Greensboro, Department of Economics);
Buaka, Emefa (University of North Carolina at Greensboro, Department of Economics);
Link, Albert (University of North Carolina at Greensboro, Department of Economics) |
| Abstract: |
We identify quantitatively, using cross-country data from the Global
Innovation Index, a path through which R&D (research and development) operates
to affect economic growth and development. The path we consider is one that
relates to enhancing the knowledge economy. Specifically, we contribute to the
literature through the quantification of the antecedents and consequences of
newly created knowledge: R&D creation of new knowledge economic growth and
development. And, we show statistically that the R&D creation of new knowledge
relationship is enhanced when businesses collaborate with universities. Not
only is this collaborative indirect relationship new to the knowledge creation
literature, but also it is based on the estimation of a model specification
that has not previously been considered. |
| Keywords: |
Global Innovation Index; knowledge economy; R&D; business-university collaboration; |
| JEL: |
O33 O47 O50 |
| Date: |
2023–10–18 |
| URL: |
http://d.repec.org/n?u=RePEc:ris:uncgec:2023_008&r=knm |