Parviz Mohammadzadeh; Mahmood Motevasseli; Mohammad Bagher Beheshti; akram akbari
Abstract
Paying attention to economic development has always been one of the main concerns of science and politics, and in order to put economic development in a suitable path, its continuous recognition is essential. The recent findings and experiences of countries Show that creativity is the most important ...
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Paying attention to economic development has always been one of the main concerns of science and politics, and in order to put economic development in a suitable path, its continuous recognition is essential. The recent findings and experiences of countries Show that creativity is the most important and basic factor for the growth and development of the economy. This study aims to scrutinize the effect of creativity index on the economic development of Iran for the 1990-2016 period by using generalized method of moments (GMM). The findings support the idea that economic growth and development is more dependent on creativity and innovation than on formal education. In other words, education can affect economic growth and development, only if it results in creativity and innovation. Also the findings clarify that high-technology exports have the most effect on economic growth and patenting inventions has a positive effect on economic growth. Thus, it is suggested that by providing a creative ecosystem and supporting the rights of patenting, we will have creative and innovative system in the society so that through diversified economy which relies on knowledge, higher human resources, and modern technology will promote sustainable growth and development.
javad taherpoor; Farzaneh Sanadian
Abstract
The strategy of using oil income to achieve economic growth and development in rentier economies can have devastating effects on the scientific field in the long-run. Pursuing the strategy of “injecting oil income” ultimately sends signals to players in the scientific field which encourages ...
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The strategy of using oil income to achieve economic growth and development in rentier economies can have devastating effects on the scientific field in the long-run. Pursuing the strategy of “injecting oil income” ultimately sends signals to players in the scientific field which encourages them to follow the path of “expanding low-quality education”. Based on the analytical framework presented in this study, domination of a rentier environment in an economy leads to establishment of a rent-seeking incentive structure. In this situation, on the one hand, the priorities of firms in production sector are changed and reaching some parts of benefits in oil sector of the economy becomes the basis of profit-maximizing of firms and these firms find themselves not dependent on science and knowledge. On the other hand, based on oil income, government finds itself needless of science and knowledge to promote its own financial and managerial capacities. In addition, the government uses the injection of oil income to achieve scientific development, which application of this method makes education system needless of financing through other sectors of the economy. The set of these consequences at last leads the education system towards the path of prioritizing quantity and disregarding quality in its activities. Available data regarding the quantity and quality of efforts in Iranian education system, including number of patents and innovations, number of academic articles and the sources of financing in education system verifies the theoretical framework presented in this paper.