IDEAS home Printed from https://ideas.repec.org/a/vrs/mjsosc/v9y2018i4p99-108n10.html
   My bibliography  Save this article

Impacts of Aid for Innovation on Economic Growth in the Sub-Saharan African Countries

Author

Listed:
  • Udvari Beáta

    (Ph.D., Assistant Professor, University of Szeged, Faculty of Economics and Business Administration)

  • Ampah Isaac Kwesi

    (Ph.D. Student, University of Szeged, Faculty of Economics and Business Administration)

Abstract

For several years, sub-Saharan Africa (SSA) countries continue to struggle with poverty, hunger, epidemics, access to proper sanitation and potable water etc. even though the continent is considered to be endowed with half of the world’s natural resources. Low value-added products continue to be the primary export of countries in the continent since it lacks the technical know-how to manage its resources for sustainable growth and development it envisages. This paper examines the effectiveness of aid for innovation in enhancing growth and innovative performance of SSA using the Generalized Method of Moment (GMM) and fixed effect models for the period 2002 to 2015. The empirical results revealed that growth and innovation in the continent could be improved significantly if aid is more advanced to innovation and research. Also, the paper noticed that aid for innovation have more impacts in countries with the lower level of innovation and technological advancement.

Suggested Citation

  • Udvari Beáta & Ampah Isaac Kwesi, 2018. "Impacts of Aid for Innovation on Economic Growth in the Sub-Saharan African Countries," Mediterranean Journal of Social Sciences, Sciendo, vol. 9(4), pages 99-108, July.
    • Handle: RePEc:vrs:mjsosc:v:9:y:2018:i:4:p:99-108:n:10
    DOI: 10.2478/mjss-2018-0119
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/mjss-2018-0119
    Download Restriction: no
    File URL: https://libkey.io/10.2478/mjss-2018-0119?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:mjsosc:v:9:y:2018:i:4:p:99-108:n:10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.