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A Growth Model for the Quadruple Helix Innovation Theory

Oscar Afonso, Sara Monteiro () and Maria Thompson ()
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Sara Monteiro: Nice Sophia Antipolis University, Faculty of Law, Political Science, Economics and Management, CEMAFI, Nice, France

FEP Working Papers from Universidade do Porto, Faculdade de Economia do Porto

Abstract: We propose a theoretical growth model with which to frame analytically the Quadruple Helix Innovation Theory (QHIT). The aim is to emphasise the investment in innovation transmission mechanisms in terms of economic growth and productivity gains, in one-high-technology sector, by stressing the role played by the helices of the Quadruple Helix Innovation Model: Academia and Technological Infrastructures, Firms of Innovation, Government and Civil Society. In the existing literature, the relationship between the helices and respective impacts on economic growth does not appear clear. Results are fragile due to data weakness and the inexistence of a theoretical framework to specify the relationship between the helices. Hence our motivation for providing the QHIT with a theoretical growth model. Our intent is to model the importance of emerging, dynamically adaptive, and transdisciplinary knowledge and innovation ecosystems to economic growth. We find that higher economic growth rate is obtained as a result of an increase in synergies and complementarities between different productive units, or an increase in productive government expenditure.

Keywords: Economic Growth; Quadruple Helix Innovation Model; Innovation Ecosystems (search for similar items in EconPapers)
JEL-codes: O10 O18 O31 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2010-04
New Economics Papers: this item is included in nep-fdg, nep-ino, nep-knm and nep-mic
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