Does innovation contribute to the three pillars of sustainable development? A comparative study between developed and developing countries

Malek El Weriemmi ()
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Malek El Weriemmi: University of Gabes

Environmental Economics and Policy Studies, 2025, vol. 27, issue 4, No 11, 779 pages

Abstract: Abstract We exist in the known economy. The production and dissemination of knowledge are essential for solving climate change and environmental sustainability issues, reducing global poverty, and solving other global problems. Through a comparative analysis between developed and developing countries, the main purpose of this research is to study the participation of innovation in the three pillars of sustainable development (economic growth, human development, and environmental quality) in 21 developing countries and 19 developed countries from 1994 to 2018. By using the Panel Vector Error Correction Model, empirical results show that the innovations of these countries have a positive contribution to the economic and social aspects of sustainable development, while their contribution to the environment is negative. It also discussed the limitations and future research directions, as well as some management and policy implications for innovative activities in sustainable development.

Keywords: Innovation; Sustainable development; Developed and developing countries (search for similar items in EconPapers)
JEL-codes: O31 O32 O38 O47 O57 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s10018-025-00454-3

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