IDEAS home Printed from https://ideas.repec.org/a/ids/wremsd/v13y2017i5-6p560-579.html
   My bibliography  Save this article

Spillover effects of research and development activity on the economic growth and exports of the Group 20

Author

Listed:
  • Jung Wan Lee
  • Kip Becker

Abstract

The study examines the spillover effects of research and development (R%D) activity on the economic and export growth of the Group 20. It explores the magnitude of the strategic relationship between R%D activity and the economic performance of these countries. The sample is restricted to the period of time for which annual data are available and comparable, which is the period from 1988 to 2011, for 19 countries in the Group 20. A panel cointegration test and several types of panel data analytic models were employed. Although some differences were found in the magnitude of the effect, this study indicates that R%D activity must be viewed as a major strategic determinant for the economic performance of the countries, and thus as the creator of unique competitive advantages for them. It is also noteworthy that human capital and information technology are positively associated with the economic performance of the countries.

Suggested Citation

  • Jung Wan Lee & Kip Becker, 2017. "Spillover effects of research and development activity on the economic growth and exports of the Group 20," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 13(5/6), pages 560-579.
  • Handle: RePEc:ids:wremsd:v:13:y:2017:i:5/6:p:560-579
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=86303
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:ids:wremsd:v:13:y:2017:i:5/6:p:560-579. 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=173 .

    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.