金融发展和创新:机构和人力资本是否重要?
1Department of Accounting and Finance, Business School, Ghana Institute of Management and Public Administration, P.O. Box AH 50, Achimota, Accra, Ghana.
Heliyon
|August 28, 2023
概括
金融发展和人力资本促进创新,但外国直接投资阻碍了创新. 这项研究揭示了经合组织国家的金融和创新之间存在着复杂的,非线性关系.
科学领域:
- 经济学 经济学 经济学
- 创新研究 研究 创新研究
- 金融经济学 金融经济学
背景情况:
- 创新对于经济增长至关重要.
- 金融发展可以促进创新,但这种关系是复杂的.
- 人力资本和机构质量是创新的关键决定因素.
研究的目的:
- 研究金融发展与创新之间的动态关系.
- 检查人力资本,机构质量和外国直接投资的作用.
- 探索金融发展对创新的非线性影响.
主要方法:
- 使用了通用时刻方法 (GMM) 和完全修改的普通最小方程 (FMOLS) 估计器.
- 分析了经合组织29个国家的40年 (1980-2019) 的数据.
主要成果:
- 贸易,制度质量,人力资本和金融发展对创新产生积极影响.
- 外国直接投资对创新活动产生负面影响.
- 金融发展与创新之间存在非线性关系.
结论:
- 金融发展,人力资本和强大的机构对于促进创新至关重要.
- 决策者应该考虑外国直接投资对创新的微妙影响.
- 这些发现突显了促进创新的整体方法的重要性.
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