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An Econometric Analysis of the Role of Knowledge in Economic Performance

Author

Listed:
  • Ahmed Driouchi
  • El Azelmad
  • Gary Anders

Abstract

We conduct a regression analysis of the effects of knowledge on aggregate economic performance using data from the United Nations Development Program (UNDP) and the World Bank for four groups of countries during 1995–2001. Our results indicate that knowledge is a key driver of economic growth for each group of countries. More importantly, we find that variation in economic performance among these groups may be related to the timing of investment in education, R&D, and information technology, as well as economic policies that affect trade and foreign direct investment. Copyright Springer Science+Business Media, Inc. 2006

Suggested Citation

  • Ahmed Driouchi & El Azelmad & Gary Anders, 2006. "An Econometric Analysis of the Role of Knowledge in Economic Performance," The Journal of Technology Transfer, Springer, vol. 31(2), pages 241-255, March.
  • Handle: RePEc:kap:jtecht:v:31:y:2006:i:2:p:241-255
    DOI: 10.1007/s10961-005-6109-9
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    Citations

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    Cited by:

    1. Antonio Rodríguez Andrés & Abraham Otero & Voxi Heinrich Amavilah, 2022. "Knowledge economy classification in African countries: A model-based clustering approach," Information Technology for Development, Taylor & Francis Journals, vol. 28(2), pages 372-396, April.
    2. Anyoha NO & Chikaire JU & Godson Ibeji CC & Ogueri EI & Utazi CO, 2018. "Information and Communication Technology Roles in Improving Women Farmers Access to Agricultural/Agribusiness Services in Orlu Agricultural Zone of Imo State, Nigeria," Current Investigations in Agriculture and Current Research, Lupine Publishers, LLC, vol. 3(4), pages 424-429, July.
    3. Boboc, Cristina & Driouchi, Ahmed & Titan, Emilia, 2010. "Interrelations between Education, Health, Income and Economic Development in Europe with Emphasis on New Members of European Union," MPRA Paper 22235, University Library of Munich, Germany, revised 19 Apr 2010.
    4. Amavilah, Voxi Heinrich, 2007. "The effects of technology-as-knowledge on the economic performance of developing countries: An econometric analysis using annual publications data for Botswana, Namibia, and South Africa, 1976-2004," MPRA Paper 3482, University Library of Munich, Germany.
    5. Suleiman “Sul” Kassicieh, 2010. "The Knowledge Economy and Entrepreneurial Activities in Technology-Based Economic Development," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 1(1), pages 24-47, March.
    6. Voxi Heinrich Amavilah & Antonio Rodriguez Andres, 2022. "Knowledge Economy and the Economic Performance of African Countries: A Seemingly Unrelated and Recursive Approach," Working Papers 57, The German University in Cairo, Faculty of Management Technology.
    7. Evelina Bazini, 2015. "Intellectual Property and Acceptable Models in Technology Transfer in Albanian Economy," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 4, December.

    More about this item

    Keywords

    economic development; Knowledge Economy Index; economic policy; O31; O33; O38;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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