Identifying enablers of innovation in developed economies: A National Innovation Systems approach

Abstract

It has been recognized that innovation drives the long-run economic growth of nations and increasingly governments are placing innovation at the center of their economic growth strategies. International variation in the investment on innovation presents an opportunity to examine key enablers of innovation-driving policy choices. Countries find themselves at different stages of economic development and innovation performance and so their relative levels of innovation inputs and outputs are likely to be different. In this study we employ a systems of innovation approach to examine what enables improvements in innovation potential among developed countries. Using data from the 2017 Global Innovation Index (GII) Report, we subjected 770 data measures to an analysis of 242 relationships involving changes in the GII’s innovation inputs/outputs scores and overall innovation potential of 35 OECD countries over a five year period (2012 to 2016). Our findings suggest that instituting policies that improve access to open and competitive markets is the most significant enabler for raising a developed country’s innovation potential.

Determinants of innovative development on the example of Kazakhstan

“…Aguilar-Barceló and Higuera-Cota (2019), Cetinguc et al (2019), Hamidi and Berrado (2018),Menna et al (2019),Natocheeva et al (2019) and Singh (2020) also indicated the importance of R&D for innovation in the studies.…”

“…It is no longer expedient for economies to rely on labour-intensive industries for economic growth and job creation because such industries have moved to developing countries with lower wages and lower production costs. This makes government’s place innovative at the centre of their economic growth strategies (Menna et al , 2019).…”

“…The study covering GII scores of 35 OECD countries over a 5-year period (2012–2016)revealed that open, competitive markets and the enabling of hi-tech and information and communication technologies (ICT) exports, together with development and use of ICT, increase in market scale, increased R&D and creative output are the most powerful enablers for raising a developed country’s innovation potential (Menna et al , 2019).…”

An Efficiency Measurement of E-Government Performance for Network Readiness: Non-Parametric Frontier Approach

“…However, as e-government has become more advanced, it has overcome the limitations of supplier-based service and strengthened its approach toward all aspects of government by using ICT technology and the Internet [31]. Many countries have been focusing on ICT investment and technology development to advance information technology of the e-government and to enhance national competitiveness [4].…”

“…It also strengthens the government's capability of systemizing knowledge and information of the government organizations electronically and of managing government organizations efficiently [3]. In order to improve the capabilities of e-government, ICT investment and technology development have become the center of attention in making information technology develop and in enhancing national competitiveness [4].…”