A growth model for the quadruple helix
Oscar Afonso,
Sara Monteiro and
Maria Thompson
Journal of Business Economics and Management, 2011, vol. 13, issue 5, 849-865
Abstract:
We develop a R&D-based growth model with productive public expenditure in order to frame the Quadruple Helix (QH) innovation concept, based on four helices: Academia & Technological Infrastructures , Firms , Government and Civil Society . Our motivation stems from acknowledgment that the relationship between these four helices and their joint impact on growth is in need of a theoretical framework. We aim to emphasise the importance to economic growth of innovation systems structured on these four helices. The introduced model confirms theoretically the notion that increases in: (i) complementarities between distinct productive units, or (ii) in productive government expenditure, lead to higher growth.
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jbemgt:v:13:y:2011:i:5:p:849-865
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DOI: 10.3846/16111699.2011.626438
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