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A Growth Model for the Quadruple Helix Innovation Theory

Author

Listed:
  • Óscar Afonso

    () (Universidade do Porto)

  • Sara Monteiro

    (Nice Sophia Antipolis University, Faculty of Law, Political Science, Economics and Management)

  • Maria João Ribeiro Thompson

    () (Universidade do Minho)

Abstract

We propose a theoretical growth model with which to frame analytically the Quadruple Helix Innovation Theory (QHIT). The aim is to emphasise the investment in innovation transmission mechanisms in terms of economic growth and productivity gains, in one-high-technology sector, by stressing the role played by the helices of the Quadruple Helix Innovation Model: Academiaand Technological Infrastructures, Firms of Innovation, Government and Civil Society. In the existing literature, the relationship between the helices and respective impacts on economic growth does not appear clear. Results are fragiledue to data weakness and the inexistence of a theoretical framework to specify the relationship between the helices. Hence our motivation for providing the QHIT with a theoretical growth model. Our intent is to model the importance of emerging, dynamically adaptive, and transdisciplinary knowledge and innovation ecosystems to economic growth. We .nd that higher economic growth rate is obtained as a result of an increase in synergies and complementarities between different productive units, or an incease in productive government expenditure.

Suggested Citation

  • Óscar Afonso & Sara Monteiro & Maria João Ribeiro Thompson, 2010. "A Growth Model for the Quadruple Helix Innovation Theory," NIPE Working Papers 12/2010, NIPE - Universidade do Minho.
  • Handle: RePEc:nip:nipewp:12/2010
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    References listed on IDEAS

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    1. Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
    2. Luis A. Rivera-Batiz & Paul M. Romer, 1991. "Economic Integration and Endogenous Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 106(2), pages 531-555.
    3. Kiminori Matsuyama, 1995. "Complementarities and Cumulative Processes in Models of Monopolistic Competition," Journal of Economic Literature, American Economic Association, vol. 33(2), pages 701-729, June.
    4. Barro, Robert J, 1990. "The Stock Market and Investment," Review of Financial Studies, Society for Financial Studies, vol. 3(1), pages 115-131.
    5. Andreas Irmen & Johanna Kuehnel, 2009. "Productive Government Expenditure And Economic Growth," Journal of Economic Surveys, Wiley Blackwell, vol. 23(4), pages 692-733, September.
    6. Benavie, Arthur & Grinols, Earl & Turnovsky, Stephen J., 1996. "Adjustment costs and investment in a stochastic endogenous growth model," Journal of Monetary Economics, Elsevier, vol. 38(1), pages 77-100, August.
    7. Evans, Geroge W & Honkapohja, Seppo & Romer, Paul, 1998. "Growth Cycles," American Economic Review, American Economic Association, vol. 88(3), pages 495-515, June.
    8. Yawson, Robert M., 2009. "The ecological system of innovation: A new architectural framework for a functional evidence-based platform for science and innovation policy," MPRA Paper 33179, University Library of Munich, Germany.
    9. Maria Thompson, 2008. "Complementarities and costly investment in a growth model," Journal of Economics, Springer, vol. 94(3), pages 231-240, September.
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    Cited by:

    1. Mauro ROMANELLI, 2017. "Towards Sustainable Cities," Management Dynamics in the Knowledge Economy Journal, College of Management, National University of Political Studies and Public Administration, vol. 5(1), pages 119-135, March.
    2. Kenneth Nordberg, 2015. "Enabling Regional Growth in Peripheral Non-University Regions—The Impact of a Quadruple Helix Intermediate Organisation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(2), pages 334-356, June.
    3. repec:spr:jknowl:v:8:y:2017:i:1:d:10.1007_s13132-015-0294-z is not listed on IDEAS

    More about this item

    Keywords

    Economic Growth; Quadruple Helix Innovation Model; Innovation Ecosystems.;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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