Enhancing the Knowledge Economy: a Cross-Country Study of Knowledge Creation

Md Zubab Ibne Moid (), Emefa Surprize Deborah Buaka () and Albert Link
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Md Zubab Ibne Moid: University of North Carolina
Emefa Surprize Deborah Buaka: University of North Carolina

Journal of the Knowledge Economy, 2024, vol. 15, issue 3, No 52, 11388-11396

Abstract: Abstract We identify quantitatively, using cross-country data from the Global Innovation Index, a path through which R&D (research and development) operates to affect economic growth and development. The path we consider is one that relates to enhancing the knowledge economy. Specifically, we contribute to the literature through the quantification of the antecedents and consequences of newly created knowledge: R&D → creation of new knowledge → economic growth and development. And, we show statistically that the R&D → creation of new knowledge relationship is enhanced when businesses collaborate with universities. Not only is this collaborative indirect relationship new to the knowledge creation literature, but also it is based on the estimation of a model specification that has not previously been considered.

Keywords: Global innovation index; Knowledge economy; R&D; Business-university collaboration (search for similar items in EconPapers)
JEL-codes: O33 O47 O50 (search for similar items in EconPapers)
Date: 2024
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Working Paper: Enhancing the Knowledge Economy: A Cross-Country Study of Knowledge Creation (2023)
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DOI: 10.1007/s13132-023-01546-9

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