Ali Asghar Salem
Abstract
The spread of information and communication technology and its effects on information and data transfer, in association with high quality education, a favorable economic regime, and innovation in economy, has played an indispensable role in sustainable growth and development. This study is conducted ...
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The spread of information and communication technology and its effects on information and data transfer, in association with high quality education, a favorable economic regime, and innovation in economy, has played an indispensable role in sustainable growth and development. This study is conducted to identify the role and effect of knowledge-based economy on economic growth within the context of existing economic literature. In this line, relying on principles of economic growth models, a model is estimated in the framework of a panel data model, considering the knowledge-based economy index of 139 selected countries during period 2010 to 2014. This research focuses not only on basic production inputs, i.e. capital and labor, but also on social capital and knowledge-based economy as two of the most important factors of production, and it show the role of social capital in economic growth. Our results show a positive and significant effect of the knowledge-based economy index on economic growth among the set of selected countries.
Alireza Amini; Ali Akbar Khosravinezhad; Shadi Rouhani
Volume 14, Issue 54 , October 2014, , Pages 175-212
Abstract
The genesis of innovation, the revolution in the conception of knowledge and improvement of related activities have established a new stage of development. This fundamental change in the economy leads to a tremendous change in the nature of activities and competition inside the country as well as other ...
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The genesis of innovation, the revolution in the conception of knowledge and improvement of related activities have established a new stage of development. This fundamental change in the economy leads to a tremendous change in the nature of activities and competition inside the country as well as other countries. In recent years, with the rise of knowledge based economy, innovation has played an important role in the economy. For this reason, developed economies are often so-called “innovation based economies”. This article studies the innovation effect on the growth of total factor productivity using panel data for 16 developing countries for years spanning 1996 to 2007. In this study, variables such as amount of recorded patents in one million populations, research and development expenditure (% gross domestic production) and amount of researchers in one million populations have been used as proxy measures of innovation ??combined student registration rate is a proxy for human capital. The results indicate that the variables have positive and significant effects on total factor production.
Saeid Eisa Zade; Jahan Bakhsh Mehranfar; Mahdi Ferdosi
Volume 12, Issue 47 , January 2013, , Pages 153-174
Abstract
In this paper, we try to explain cross-country differences in the level of entrepreneurship using self-employment and innovation as proxy variables. For this purpose, we use a comparative approach to explore empirically the ways in which institutions have influenced self-employment and innovation. In ...
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In this paper, we try to explain cross-country differences in the level of entrepreneurship using self-employment and innovation as proxy variables. For this purpose, we use a comparative approach to explore empirically the ways in which institutions have influenced self-employment and innovation. In this paper, we make the assumption that national patent grants represent innovation and that national self-employment rates represent job replacement. Then, we investigate the relationship between the institutional setting, in terms of economic freedom measures, and entrepreneurship which is measured by proxy variables of self-employment and innovation in a panel data setting covering selected countries for the time-period of 1990-2009. The empirical findings show that indices of corruption perception, business freedom and trade freedom are negatively correlated with self-employment rate. On the other hand, investment freedom and freedom from government intervention have positive effect on self-employment. Interestingly, we found that institutional factors that determine self-employment and innovation may act in opposite directions: what encourages self-employment might discourage innovation and vice-versa.
Mohammad Hassan Fotros; Mohammad Reza Farzin; Abolfazl Najarzadeh
Volume 11, Issue 40 , April 2011, , Pages 303-322
Abstract
The formation and appearance of the concept of knowledge-based economy seems bring changes in the national economies all over the world. Developed countries are experiencing a shift from traditional energy-based economies to knowledge economy based on of intellectual property factors. Innovation ...
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The formation and appearance of the concept of knowledge-based economy seems bring changes in the national economies all over the world. Developed countries are experiencing a shift from traditional energy-based economies to knowledge economy based on of intellectual property factors. Innovation plays an important role in the economic structures of knowledge-based (developed) as well as developing economies.
Assessing the eminent role of innovation in economic growth, this paper tries to investigate the importance of intellectual property rights on innovation. For this purpose, we use data of the period of1975- 2005 of Islamic developing countries and employ panel data methodology to analyze intellectual property rights on innovation. Results indicate a positive significant effect of intellectual property rights on innovation in the Islamic developing countries.
