The Impact of Governance Quality on Improving Innovative Activities in Selected MENA Countries | ||
Iranian Journal of Economic Studies | ||
مقاله 9، دوره 9، شماره 2 - شماره پیاپی 18، اسفند 2020، صفحه 509-525 اصل مقاله (999.42 K) | ||
نوع مقاله: Research Paper | ||
شناسه دیجیتال (DOI): 10.22099/ijes.2021.37925.1690 | ||
نویسندگان | ||
Sajjad Barkhordari* 1؛ Naser Ali Azimi2 | ||
1Faculty of Economics, University of Tehran, Tehran, Iran | ||
2Department of Economics of Science and Technology, National Research Institute for Science Policy (NRISP), Tehran, Iran | ||
چکیده | ||
Moving towards a knowledge-based economy is an important factor for developing countries. Achieving this goal requires improving different pillars such as innovation. Governance quality is a key factor to create innovation pillars and improve innovative activities. In this paper, we describe the impact of governance quality on improving innovation in selected MENA countries during 2009-2018. We used an empirical model and panel data method to describe the relationship between governance quality and innovative activities by considering control variables such as inflation, domestic credit provided by the financial sector (%GDP), the net inflow of foreign direct investment (FDI), and trade (%GDP). Empirical results indicate that the governance quality has a positive and significant effect on the performance of innovation in MENA countries. The positive effect of the governance quality sub-indices indicates that an improving institutional environment is necessary to stimulate innovation activities. The results also show that trade in MENA a country not only harms but also discourages innovative activities. According to empirical results, we propose that improving governance quality concentrated on government effectiveness and control of corruption is essential for innovative activities in MENA countries. | ||
کلیدواژهها | ||
Governance Quality؛ Innovation؛ MENA Countries؛ Trade | ||
مراجع | ||
Aghion, P., & Howitt, P. (1990). A model of growth through creative destruction. | ||
آمار تعداد مشاهده مقاله: 333 تعداد دریافت فایل اصل مقاله: 359 |