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Establishment of Science Parks in the Federal Region of Kurdistan

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  • Heshmati, Almas

    () (Jönköping University, Sogang University)

Abstract

New growth models consider the role of technology in production. The link between product flows and information flows in international trade suggests investment in information technology as a leading sector in the developing countries growth. Several studies establish relationships between technology applications, capital formation and economic growth. Therefore establishment of Science Parks is relevant to the investment policies directed towards a rapid economic development. However, a new industrial technology policy and participation in the globalization process must be accompanied by market reforms, organizational change and comprehensive investment in human resources and other development infrastructures to raise production capacity and capability of the labour force to achieve a sustainable knowledge based economic development in the long-run. This essay proposes establishment of Science Parks in the Federal Region of Kurdistan and discusses necessary conditions for such investment to become fruitful and with expected impacts on the region’s economic development.

Suggested Citation

  • Heshmati, Almas, 2007. "Establishment of Science Parks in the Federal Region of Kurdistan," IZA Discussion Papers 3252, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp3252
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    References listed on IDEAS

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    1. Link, Albert N. & Scott, John T., 2003. "U.S. science parks: the diffusion of an innovation and its effects on the academic missions of universities," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1323-1356, November.
    2. Addison, Tony & Heshmati, Almas, 2003. "The New Global Determinants of FDI Flows to Developing Countries: The Importance of ICT and Democratization," WIDER Working Paper Series 045, World Institute for Development Economic Research (UNU-WIDER).
    3. Hans Loof & Almas Heshmati, 2006. "On the relationship between innovation and performance: A sensitivity analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(4-5), pages 317-344.
    4. Roghieh Gholami & Sang-Yong Tom Lee & Almas Heshmati, 2006. "The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment," The World Economy, Wiley Blackwell, vol. 29(1), pages 43-62, January.
    5. Fukugawa, Nobuya, 2006. "Science parks in Japan and their value-added contributions to new technology-based firms," International Journal of Industrial Organization, Elsevier, vol. 24(2), pages 381-400, March.
    6. Heshmati, Almas, 2004. "The World Distribution of Income and Income Inequality," IZA Discussion Papers 1267, Institute for the Study of Labor (IZA).
    7. Chien-Hsun Chen & Hui-Tzu Shih, 2005. "High-Tech Industries in China," Books, Edward Elgar Publishing, number 3710.
    8. Heshmati Almas, 2006. "Measurement of a Multidimensional Index of Globalization," Global Economy Journal, De Gruyter, vol. 6(2), pages 1-30, May.
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    Keywords

    economic development; information technology; industrialization; science parks;

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