Science, technology and innovation policies in small and developing economies: The case of Central America

Padilla-Pérez, Ramón; Gaudin, Yannick

doi:10.1016/j.respol.2013.10.011

Cited by 107 publications

(76 citation statements)

References 15 publications

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“…These new ventures could help the competitiveness, growth and development of regions and countries. According to Padilla-Pérez and Gaudin (2014), some Central American countries have focused some policies on the infrastructure in order to promote interactions into their innovation systems. Thus, the sensibility of economic growth caused by the dynamics in innovation and opportunity entrepreneurship could be higher in Latin American countries given their capacity to reduce the unemployment, increase the markets, generate interactions among regions and enhance the competitiveness.…”

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confidence: 99%

Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence

Aparicio

Urbano

Audretsch

2016

Technological Forecasting and Social Change

504

409

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Use policyThe full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-prot purposes provided that:• a full bibliographic reference is made to the original source • a link is made to the metadata record in DRO • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders.Please consult the full DRO policy for further details. Abstract: This paper explores the institutional factors that encourage opportunity entrepreneurship in order to achieve higher rates of economic growth. We suggest that institutions may not have an automatic effect, as is typically assumed in models of endogenous growth. Rather, a mechanism is required to serve as a conduit into the society for those institutional factors that affect productive behavior such as entrepreneurial activity. Thus, opportunity entrepreneurship is identified as one such mechanism that impacts on economic growth. Using a three-stage least-square method through unbalanced panel data with 43 countries (2004-2012), we find that informal institutions have a higher impact on opportunity entrepreneurship than formal institutions. Variables such as control of corruption, confidence in one's skills and private coverage to obtain credit promote a positive effect of opportunity entrepreneurship on economic growth in all the countries of our sample, and especially in Latin American countries as a homogeneous group. These results suggest additional elements to the theoretical discussion in terms of the importance of institutions such framework to understand determinants and effects of opportunity entrepreneurship. Regarding 2 policy implications, the results also suggest that it could be possible to obtain economic growth encouraging the appropriate institutions in order to increase the entrepreneurship by opportunity.

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confidence: 99%

Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence

Aparicio

Urbano

Audretsch

2016

Technological Forecasting and Social Change

504

409

View full text Add to dashboard Cite

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“…For instance, Tellis et al [25] argued that innovation plays a critically important role in the sustainable development of contemporary economies. Padilla-Pérez and Gaudin [26] investigated the relationship between science, technology and innovation and inclusive and sustainable economic growth. The results show that there is a strong association between the science, technology and innovation strength and social-economic development in Central American countries.…”

Section: Literature Reviewmentioning

confidence: 99%

Environmental Regulation, Green Innovation, and Industrial Green Development: An Empirical Analysis Based on the Spatial Durbin Model

2018

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Environmental regulation and green innovation are two main fulcrums in the realization of green transition of industrial growth. However, few studies have done an empirical analysis of the impact of environmental regulation and green innovation on green development. Based on the theory of systematic interduality, regional industrial green development is regarded as a dynamic system composed of two subsystems: the state and the process subsystem. Using provincial industrial panel data from 2007-2015 and the spatial Durbin model under the unified analysis framework, this paper examines the role and mechanism of environmental regulation (divided into administrative environmental regulation, market-based environmental regulation, and public participation environmental regulation) in the impact of green innovation (divided into green product innovation and green craft innovation) on industrial green development. The results indicate a sharp fluctuating trend in China's overall industrial green development performance, and that China's 30 provinces can be divided into four categories, based on the development levels of two subsystems of industrial green development. There is a clear positive spatial correlation between the industrial green development performance in different provinces. Considering the impact of environmental regulation on industrial green development performance, different types of environmental regulation have different regional influences. Considering the impact of green innovation on industrial green development performance, in the absence of environmental regulation constraints, green product innovation shows a certain promotional role, and green craft innovation has a significant inhibitory effect. However, under environmental regulation constraints, market-based environmental regulation through the encouragement of green craft innovation rather than green product innovation achieves a positive impact on industrial green development.

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“…These environmental upheavals are often accompanied by multiple shifts in governments' science, technology and innovation (STI) policy. Although there has been growing interest in science and technology policy in developing countries (Padilla-Pérez & Gaudin, 2014), our understanding of how such government policy evolves as a country transitions from one political regime (e.g. democracy) to another (e.g.…”

Section: Introductionmentioning

confidence: 99%

The evolution of science, technology and innovation policies: A review of the Ghanaian experience

Amankwah‐Amoah

2016

Technological Forecasting and Social Change

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Science, technology and innovation policies in small and developing economies: The case of Central America

Cited by 107 publications

References 15 publications

Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence

Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence

Environmental Regulation, Green Innovation, and Industrial Green Development: An Empirical Analysis Based on the Spatial Durbin Model

The evolution of science, technology and innovation policies: A review of the Ghanaian experience

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