IDEAS home Printed from https://ideas.repec.org/a/ris/dipjoe/5948.html
   My bibliography  Save this article

Research and Development, Inovasi, dan Pertumbuhan Ekonomi: Studi pada Negara Asia Terpilih

Author

Listed:
  • Inayah, Nurul

    (Departemen Ilmu Ekonomi dan Studi Pembangunan, Fakultas Ekonomika dan Bisnis, Universitas Diponegoro, Semarang, Indonesia)

  • Xaverius Sugiyanto, Fransiscus

    (Departemen Ilmu Ekonomi dan Studi Pembangunan, Fakultas Ekonomika dan Bisnis, Universitas Diponegoro, Semarang, Indonesia)

Abstract

In the modern economy, innovation is the main source of increasing productivity, economic growth, and social welfare. Furthermore, innovation is regarded as one of the drivers of economic growth besides the traditional production factors, such as capital and labor accumulation. Research and Development (R&D) funding is one of the strategies for fostering innovation. This study aims to analyze the effects of R&D and innovation on economic growth in 6 Selected Asian Countries during the period 2009-2017. This study used Gross Domestic Product (GDP) per capita as the dependent variable which describes economic growth. Meanwhile, R&D expenditures, patents, labor force participation rate, gross net enrollment in tertiary education, and foreign direct investment are independent variables. In addition, this study was descriptive quantitative research using panel data analysis. The result of this study shows that R&D expenditures, patent, and labor force participation have a positive and significant effect on economic growth in the 6 selected Asian countries. Thus, these results show that there is a significant effect of the innovation variable on economic growth in the 6 selected Asian countries.

Suggested Citation

  • Inayah, Nurul & Xaverius Sugiyanto, Fransiscus, 2023. "Research and Development, Inovasi, dan Pertumbuhan Ekonomi: Studi pada Negara Asia Terpilih," Diponegoro Journal of Economics (DJOE), Faculty of Economics and Business, Universitas Diponegoro, vol. 12(1), pages 1-8, March.
    • Handle: RePEc:ris:dipjoe:5948
    as

    Download full text from publisher

    File URL: https://ejournal3.undip.ac.id/index.php/jme/article/view/35948/32286
    File Function: Full text
    Download Restriction: no
    ---><---

    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:ris:dipjoe:5948. 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: Aris Munandar (email available below). General contact details of provider: https://edirc.repec.org/data/efdipid.html .

    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.