Arbeitspapier
In the New Economy Era, are the World Economies Adequately Using Knowledge to Compete Externally?
The article shows that the world economies are relying less on knowledge to compete in external markets in the last decade compared to the 1990s. The article shows that only four countries contribute a staggering 65% to the world growth and more than 180 countries contribute 36%, which is roughly equal to the Chinese contribution. The article attributes this unbalanced contribution to world growth to the fact that the world economy is not sufficiently and effectively spending on R&D, which is key to sustainable economic growth and creating decent jobs.
- Language
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Englisch
- Classification
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Wirtschaft
Macroeconomic Analyses of Economic Development
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Management of Technological Innovation and R&D
- Subject
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R&D
Knowledge
World Growth
China
- Event
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Geistige Schöpfung
- (who)
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Abou Hamia, Mohamad A.
- Event
-
Veröffentlichung
- (who)
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ZBW - Leibniz Information Centre for Economics
- (where)
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Kiel, Hamburg
- (when)
-
2021
- Handle
- Last update
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10.03.2025, 11:46 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Abou Hamia, Mohamad A.
- ZBW - Leibniz Information Centre for Economics
Time of origin
- 2021