|
on Knowledge Management and Knowledge Economy |
Issue of 2024‒02‒19
two papers chosen by Laura Nicola-Gavrila, Centrul European de Studii Manageriale în Administrarea Afacerilor |
By: | Osiris Parcero; James Christopher Ryan |
Abstract: | This paper assesses the performance of Qatar and the United Arab Emirates (UAE) in terms of their achievements towards becoming knowledge-based economies. This is done through a comparison against 17 benchmark countries using a four pillars' framework comprising; (1) information and communication technology, (2) education, (3) innovation and (4) economy and regime. Results indicate that the UAE ranks slightly better than the median rank of the 19 compared countries while Qatar ranks somewhat below. Results also indicate that both countries lag considerably behind knowledge economy leaders; particularly evidenced in the innovation pillar. Policy recommendations are mainly addressed at further developing the two countries' research culture as well as improving the incentives to attract top quality researchers and highly talented workers. |
Date: | 2024–01 |
URL: | http://d.repec.org/n?u=RePEc:arx:papers:2401.04214&r=knm |
By: | Martin, Ralf; Verhoeven, Dennis Johannes Mathijs |
Abstract: | Innovation policy faces a tradeoff between growth and climate objectives when the knowledge spillover externality from clean innovation is low compared to other sectors. To make such a comparison, we use patent data to estimate field-specific spillover returns generated by R&D support. Supporting Clean presents itself as a win-win opportunity, yielding global returns one-eighth higher than those of an untargeted policy. Nevertheless, only a modest portion of the returns stays within country borders, raising the question of whether national interests distort efficient allocation. Our policy simulations underscore the benefits of supranational coordination in clean innovation policy, potentially boosting returns by approximately 25% for the EU and over 60% globally. Moreover, the EU benefits strongly from US Clean innovation spillovers, impacting the debate on the Inflation Reduction Act. Overall, we identify no explicit innovation policy tradeoff in tackling the twin challenges of economic growth and climate change but emphasize the necessity for international cooperation. |
Keywords: | innovation; knowledge spillovers; clean technology; innovation policy; green transition; net-zero; patent data |
JEL: | O31 O33 O34 O38 Q55 Q58 |
Date: | 2023–07–12 |
URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:121306&r=knm |