From R&D to Innovation and Economic Growth: An Empirical-Based Analysis from Top Five Most Innovative Countries of the World

Ul Haq, Naveed; Ullah, Rahmat; Todeva, Emanuela

From R&D to Innovation and Economic Growth: An Empirical-Based Analysis from Top Five Most Innovative Countries of the World

A. Abu-Tair et al. (eds.), Proceedings of the II International Triple Helix Summit, Lecture Notes in Civil Engineering 43, Springer Nature Switzerland AG.

15 Pages Posted: 2 Jun 2020 Last revised: 12 Dec 2020

See all articles by Naveed Ul Haq

Rahmat Ullah

International Triple Helix Institute (ITHI)

Emanuela Todeva

Business Clusters, Networks and Economic Development

Date Written: January 1, 2020

Abstract

This paper discusses the linkage between innovation and the economic growth of a country and what are the factors that shape largely the technology and technological advances of a country. We look at the effect of innovation policies in Pakistan on developing the innovation system and on innovation spillover effects at organizational and institutional levels.

The present study undertakes the world’s most innovative countries for finding the relationship between R&D, innovation and economic growth. Among the countries discussed are Sweeden, Switzerland, and the United Kingdom.

Keywords: R&D, Innovation, Economic growth, GMM, Innovative countries of the world

JEL Classification: O31, O32, O38

Suggested Citation: Suggested Citation

Ul Haq, Naveed and Ullah, Rahmat and Todeva, Emanuela, From R&D to Innovation and Economic Growth: An Empirical-Based Analysis from Top Five Most Innovative Countries of the World (January 1, 2020). A. Abu-Tair et al. (eds.), Proceedings of the II International Triple Helix Summit, Lecture Notes in Civil Engineering 43, Springer Nature Switzerland AG., Available at SSRN: https://ssrn.com/abstract=3593020