Abstract

RIOS FLORES, Jesús Armando  and  CASTILLO ARCE, Miriam Liliana. Efectos de la capacidad innovadora en el crecimiento económico: Análisis comparativo entre países desarrollados y en desarrollo. Región y sociedad [online]. 2015, vol.27, n.64, pp.110-138. ISSN 2448-4849.

This study analyzes the effects of innovative capacity on economic growth in a sample of 27 countries between 2000-2010, using a dynamic panel model and segmenting between developed and developing countries. In order to strengthen the measurements, given the structural inequalities between countries, three innovation indicators are considered: two traditional (spending on research and development and patents), and one synthetic (innovative capacity). Results show the latter has a greater impact on income than traditional indicators. Furthermore, the differentiated model indicates that in developed countries all variables have consistent and similar positive effects, while in developing countries none are significant.

Keywords : patents; research and development; innovative capacity; growth; dynamic panel; structural heterogeneity.

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