Study of the comparative efficiency of the national innovation system and the quality of economic growth: on the example of a comparative analysis of OECD and BRICS countries

Matrizaev B. D.¹
¹ Финансовый университет при Правительстве Российской Федерации, Russia

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Journal paper

Russian Journal of Innovation Economics ^{(РИНЦ, ВАК)}
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Volume 9, Number 3 (July-September 2019)

Citation:

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=41263337
Cited: 13 by 07.12.2023

Abstract:
The article deals with theoretical and methodological approaches and a review of the comparative effectiveness of the national innovation system and the quality of economic growth: on the example of a comparative analysis of the OECD and BRICS countries. The analysis of the relative efficiency of national innovation systems (NIS) in the Organization for economic cooperation and development (OECD) and the BRICS (Brazil, Russian Federation, India, China and South Africa) and their impact on long-term economic growth is conducted. Our analysis examines the cause-effect relationships between the two blocks of variables as well as the direction and intensity of cause-effect relationships. The article describes the evolution of innovation policy of the OECD and BRICS countries, taking into account the most relevant changes in scientific and technological dynamics and the economic system during 2007-2017. In the framework of this study, using the methodology of analysis of "data coverage" (Data Envelope Analysis, DEA), we evaluate the index of relative efficiency of the national innovation system (NIS-IOE) in the OECD and BRICS countries. The empirical assessment includes alternative ways of interpreting the innovation policies of OECD and BRICS countries and briefly considers the results of modeling for each of the NIS objectives under study.

Keywords: efficiency, national innovation system, innovation policy, oecd, BRICS

JEL-classification: O31, O33, O32

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