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Does innovation contribute to the three pillars of sustainable development? A comparative study between developed and developing countries

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  • Malek El Weriemmi

    (University of Gabes)

Abstract

We exist in the known economy. The production and dissemination of knowledge are essential for solving climate change and environmental sustainability issues, reducing global poverty, and solving other global problems. Through a comparative analysis between developed and developing countries, the main purpose of this research is to study the participation of innovation in the three pillars of sustainable development (economic growth, human development, and environmental quality) in 21 developing countries and 19 developed countries from 1994 to 2018. By using the Panel Vector Error Correction Model, empirical results show that the innovations of these countries have a positive contribution to the economic and social aspects of sustainable development, while their contribution to the environment is negative. It also discussed the limitations and future research directions, as well as some management and policy implications for innovative activities in sustainable development.

Suggested Citation

  • Malek El Weriemmi, 2025. "Does innovation contribute to the three pillars of sustainable development? A comparative study between developed and developing countries," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 27(4), pages 741-779, October.
    • Handle: RePEc:spr:envpol:v:27:y:2025:i:4:d:10.1007_s10018-025-00454-3
    DOI: 10.1007/s10018-025-00454-3
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    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
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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