In this article the effect of innovation, as one of the most basic axes of science-based economy, on economic growth is investigated. To do so, the data for time series of selected countries from 1960 to 2004 will be used. Using the literature with the subject of economic growth within the frame of international study or through panel data economy measurement, the results show that during this period, by controlling effective variables, innovation has had a positive and meaningful effect on long-term economy growth of developing countries, members of OECD and developed countries; but the effect of innovation on economic growth of developing countries wasn’t meaningful, although it was positive; also the research results show that other coefficients of variables like physical investment, human resources, growth rate in goods and service importing, the primary gross national product, intermediary and capital goods and services importing have expected and meaningful signs in all groups.
کلید واژگان :science-based economy, economic growth and innovation
ارزش ریالی : 1200000 ریال
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