The augmented and integrative model of economic growth: Theoretical and empirical evidence from USA

Moutinho, Víctor; Oliveira, Helena Maria Santos de; Oliveira, Henrique Viana Espinosa de; Guillén, Félix Puime

doi:10.1016/j.seps.2023.101673

Cited by 4 publications

(1 citation statement)

References 43 publications

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“…This research, delving deeper into American capitalism through innovation, also allows for the subsequent assessment of corresponding variations in the capitalism of other countries, such as those in the European Union, the Republic of Korea, or Japan [22]. Considering the significance of innovation, studying the systemic conditions for innovation generation enables a greater understanding of how contemporary capitalism facilitates progress [15] and economic growth [24] within a chosen trajectory [33].…”

Section: Discussionmentioning

confidence: 99%

Systemic Features of Innovation Development in the Usa

Polyakov,

Khanin,

Shevchenko

et al. 2024

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Due to the importance of innovations as a factor for economic growth and competitiveness, ensuring their sustainable development is a universal task for the country. The most intense race for innovation is observed among countries striving for global dominance. This article is dedicated to the study of the specific features of innovation development in the United States, where innovative potential has become one of the cornerstones of their economic strategy and a key driver of their success. The United States has significant distinctions from other countries in terms of culture, institutions, economic organizations, economic regulation, etc., which together create the basic conditions for innovation and require consideration. The focus on innovation development in the United States is driven by intensified competition with other global players, particularly from China.The main goal of the research is to summarize and characterize the systemic features of innovation development in the United States, as well as to identify the key factors intensifying innovation productivity in the country.The study of the systemic features of innovation development in the United States covered the analysis of 1) civilizational factors; 2) institutional system; 3) economic system; 4) innovation system; 5) state innovation policy. The main factors intensifying innovation productivity in the United States were identified as the combination of entrepreneurial and large-scale capitalism, venture capital investment, and territorial agglomerations of innovative structures. The need to consider the peculiarities of innovation generation in the military sector, universities, and non-profit organizations has been justified. The strength of the United States innovation system has been statistically demonstrated, however, the increasing competition in science and innovation from China has been confirmed. This has led to the intensification and change in the type of state innovation policy in the United States, with a focus on targeted support for innovation in industry in the context of the green transition.

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Section: Discussionmentioning

confidence: 99%

Systemic Features of Innovation Development in the Usa

Polyakov,

Khanin,

Shevchenko

et al. 2024

ФКДПТП

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MSMEs and economic growth: Fostering an entrepreneurial ecosystem in Bangladesh for sustainable development

Dhar,

Zaman,

Dhar

2024

Bus Strat Dev

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Micro, small, and medium‐sized enterprises (MSMEs) are fundamental to the economy of Bangladesh, significantly contributing to job creation and poverty alleviation. Securing financing is essential for the growth and development of the MSME sector. This research investigates the entrepreneurial environment in Bangladesh, highlighting challenges and opportunities to enhance youth entrepreneurship. By analyzing secondary data from 2010 to 2022, the study employs a multiple regression model to examine the statistical relationship between MSME financing and economic growth. Gross domestic product Regression Equation Specification Error Test per capita is the dependent variable, loans to MSMEs are used as a proxy for MSME financing, and the unemployment rate is included as a control variable. The results indicate that MSME financing has a substantial positive impact on economic growth, while the unemployment rate has a significant negative effect. The study suggests implementing blended finance funds and a variety of supply, demand, and financial solutions to strengthen the MSME ecosystem in Bangladesh, thereby supporting national development goals and sustainable development.

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Does the size of the housing rental market stabilize regional economic fluctuations? Evidence from China's large- and medium-sized cities

Kong,

Dong

2024

Habitat International

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The augmented and integrative model of economic growth: Theoretical and empirical evidence from USA

Cited by 4 publications

References 43 publications

Systemic Features of Innovation Development in the Usa

Systemic Features of Innovation Development in the Usa

MSMEs and economic growth: Fostering an entrepreneurial ecosystem in Bangladesh for sustainable development

Does the size of the housing rental market stabilize regional economic fluctuations? Evidence from China's large- and medium-sized cities

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