R&amp;D and economic growth: How strong is the link?

Pessoa, Argentino

doi:10.1016/j.econlet.2010.01.010

Cited by 54 publications

(39 citation statements)

References 9 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The other regions' results are similar to the selected African countries, except among South American countries where R&D and gross fixed capital formation does not influence real output significantly. The findings of this study align with previous studies (such as Estrada and Montero [14], Pessoa [11], Kim [15], Bravo-Ortega and Marin, [19]; and Goschin, [22]) but contradict others (such as Sylwester, [7] and Samimi and Alerasone, [20]). The reason why this study contradicts Sylwester [6] and Samimi and Alerasone [20] may be because of the wrong methodological approach of not considering potential endogeniety problem.…”

Section: Resultssupporting

confidence: 81%

“…Only increase in R&D intensity improves growth. On the contrary, Guellec and he de la Potterie [8], Ulku [9], Falk [10], Pessoa [11] and Gumus and Celikay [12] find a positive association. For instance, Guellec and he de la Potterie [8] analyse the contribution of technical change to total factor productivity of industry growth among 16 OECD countries between 1980 and 1998.…”

Section: Literature Reviewmentioning

confidence: 99%

“…to this, Pessoa (2010) examines the relationship between R&D outlays and economic growth in 28 OECD countries between 1995 and 2005 using a fitted regression model to estimate the ideas-driven growth mode with free entry and exit conditions. The results show a weak impact of innovation policy on aggregate productivity.…”

Section: Literature Reviewmentioning

confidence: 99%

See 2 more Smart Citations

R&D and Economic Performance: Simultaneous Estimates of the Reciprocal Effects for Africa and Other Regions

Olakojo¹

2017

JAEF

View full text Add to dashboard Cite

Abstract. Research and Development (R&D) expenditure in most African countries is low. This study investigates the impact of R&D on economic performance of 23 African countries between 1995 and 2014. It also compares selected Africa countries with 25 countries across South America, Asia and Organization of Economic Co-operation and Development (OECD). A new growth model, incorporating R&D, was estimated with two-stage least squares (2SLS) fixed and random effect panel regression. The results show that R&D enhances real output in Africa with elasticity of 0.01%. Other regressors such as investment, savings and labour also enhance output performance with elasticities of 0.39%, 0.05%, and 0.35%, respectively. There were variations across estimations involving other regions. African countries need to provide adequate funding for research and mobilize domestic resources through savings and investment to become growth pillars.

show abstract

Section: Resultssupporting

confidence: 81%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

R&D and Economic Performance: Simultaneous Estimates of the Reciprocal Effects for Africa and Other Regions

Olakojo¹

2017

JAEF

View full text Add to dashboard Cite

show abstract

“…Research and publications are important contributors to many development aspects for a country, such as supporting economic growth (Pessoa, 2010), developing a health care system (Pasmans et al, 2013), and creating new technology (Glueckstern et al, 2001). Therefore, understanding the main research themes will be beneficial for a research centre in order to determine an effective direction for future research planning.…”

Section: Introductionmentioning

confidence: 99%

University Research Theme Mapping: A Co-word Analysis of Scientific Publications

Surjandari¹,

Dhini²,

Wibisana

et al. 2015

IJTech

View full text Add to dashboard Cite

There is a necessity for a research centre to identify its main research theme and its subject linkages. On the other hand, rapid growth in the number of scientific publications has raised extensive data issues. Thus, it is difficult to detect the main subject and its relationships using traditional methods. Some quantitative methods in data mining have been developed and applied to solve these problems. Co-word analysis, as one of the most powerful tools in content analysis, is able to find the interrelationship among research themes based on the co-occurrence frequency of word/phrase pairs. As a result, the trend in research theme development is identifiable and future research plans could be effectively determined. As a case study, research publications from Universitas Indonesia (UI) academicians during the last five years (20102015) were analyzed. The data source for this study, are all those articles which have been indexed in Scopus, EBSCO, JSTOR, and ProQuest. The study generated strategic diagrams which show research themes of UI publications in each year and over the last five years. The last five years' map shows that there are eleven main research themes in UI publications. This result can be used as a base for evaluating the previous research themes set by policy makers of UI.

show abstract

“…for high-tech production, as it allows for maintenance of absorptive capacity, so that knowledge and technologies developed elsewhere can be better understood, more easily disseminated and adapted to local circumstances (Leydesdorff and Fritsch, 2006;Pessoa, 2010;Teixeira and Fortuna, 2010). Knowledge-intensive services are usually decoupled from local economies, but high-tech services have the potential to shape the underlying knowledge-base configuration.…”

Section: Introductionmentioning

confidence: 99%

The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth

Moutinho¹,

Au‐Yong‐Oliveira²,

Coelho³

et al. 2015

Journal of Technology Management & Innovation

View full text Add to dashboard Cite

The emergence of the so-called "European Paradox" shows that increasing Governmental R&D Investment is far from being a 'panacea' for stagnant growth. It is worth noting that Governmental R&D Investment does not have a statistically significant impact on employment, indicating the need to assess the trade-offs of policies that could lead to significant increases in government expenditure. Surprisingly, Governmental R&D Employment does not contribute to 'mass-market' employment, despite its quite important role in reducing Youth-Unemployment. Despite the negative side-effects of Governmental R&D Employment on both GVA and GDP, University R&D Employment appears to have a quite important role in reducing Unemployment, especially Youth-Unemployment, while it also does not have a downside in terms of economic growth. Technological Capacity enhancement is the most effective instrument for reducing Unemployment and is a policy without any downside regarding sustainable economic development.

show abstract

R&D and economic growth: How strong is the link?

Cited by 54 publications

References 9 publications

R&D and Economic Performance: Simultaneous Estimates of the Reciprocal Effects for Africa and Other Regions

R&D and Economic Performance: Simultaneous Estimates of the Reciprocal Effects for Africa and Other Regions

University Research Theme Mapping: A Co-word Analysis of Scientific Publications

The Role of Regional Innovation Systems (RIS) in Translating R&D Investments into Economic and Employment Growth

Contact Info

Product

Resources

About