According to some researches, there are two main directions to achieve innovative economic growth in some countries.
The first one is to create and or develop new technologies, increase scientific R&D, increase the level of knowledge and education, develop HC, stimulate the innovation processes, etc. in the country by internal capabilities and efforts.
The second one is to import new technologies, knowledge, etc. from outside of the country for the purpose to develop innovations and increase the productivity in the country (diffusion of innovation).
My question is that which one of the mentioned directions is being used mainly in your country and what are the advantages and disadvantages of them?
I think the following article will be helpful
Article Innovation and Economic Growth: An Empirical Analysis for CE...
Best Regards Namiq Abbasov
Dear Namiq Abbasov,
In my opinion, both methods of innovation development have many positive aspects and can complement each other. I believe that the economically fast developing countries, the development of entrepreneurship and innovation, the development of innovative technologies, products, processes, etc. are based on both methods of innovation development, i.e. on their own, national innovative projects, financed from domestic sources and implemented in enterprises of the commercial sector and public, in research centers and universities, and importing innovative technologies from abroad and investments carried out by foreign innovative technology companies. The relation of the scale of involved financial resources and investments under these two methods of developing innovation in individual countries may vary considerably. However, both methods of innovation development can complement each other and thanks to this, the country's economic development may be more effective and faster.
Best wishes
Dear Namiq Abbasov,
If you look at what Europe is trying to do, you'll see that we try to work on both axis:
1°) help countries to increase their scientific R&D, to increase their level of knowledge and education and to stimulate the innovation processes, specifically through the development of Centres of Excellence,
2°) help "less advanced" countries to master technologies and scientific R&D and increase their level of knowledge and education through collaboration between research institutions (those of "less advanced" and those of "more advanced") and companies involvement. It's worth noting that "less" or "more" is less a question of ranking than a question of demand.
There are some examples of this kind of collaboration which start giving really good results
Kind regards
Dear Daniel Richard,
Can you please name some of the programs in this regard?
Taking the leap: research collaboration as a path to industrial innovation
The productivity-enhancing potentials of the technologies associated with Industry 4.0 are becoming increasingly attractive to manufacturers. But where can a small- or medium sized company go to find out the right path forward? We take a look at the benefits of industry collaboration with research institutions...
https://pacetoday.com.au/taking-leap-research-collaboration-path-industrial-innovation/
Dear Namiq Abbasov,
Sorry for my late answer
You could for example have a look at https://ec.europa.eu/programmes/horizon2020/en/h2020-section/teaming
This is a short presentation of the Teaming Project in Horizon 2020 Programme that could give you some ideas.
Tell me if you need more information
Kind regards
Daniel
I think the following article will be helpful
Article Innovation and Economic Growth: An Empirical Analysis for CE...
Best Regards Namiq Abbasov
An interesting issue to carry out comparative studies. Is investing in the independent creation of innovative technologies or their import more important for raising the level of innovation and equipping the country's economy with innovations and technologies? In many countries, both forms of supporting economic development are developed, in which the activation of innovation and the implementation of modern technologies in economic processes are an important factor in this development. However, in individual countries, the relations between these two forms of supporting economic development, in which the activation of innovation and the implementation of modern technologies are not the same and may differ significantly. Therefore, it is an interesting topic for scientific research, for conducting comparative analyzes consisting in collecting data on the activation of innovation and technological development and the impact of these processes on the economic development of the country, collecting this type of data from different countries and conducting a comparative analysis in this respect comparing individual countries with together.
Don’t start with technology. Start with physics. Countries that will lead the future must infuse physics in the population. Physics is not an alien word. It is the story of nature. Countries that teach it well will led. They will generate creative ways to tame nature. And it at that taming stage that we talk of technology.
- Badges
- Science topic
- Similar topics
- Econ
- Innovation Economics
- Innovation