Study the Impact of Creativity on Economic Growth in Selected Countries

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MOHAMMADZADEH PARVIZ; MOTEVASELI MAHMOUD; BEHESHTI MOHAMMAD BAGHER; AKBARI AKRAM

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Journal: Journal of Economic Research and Policies Year:2019 | Volume:27 | Issue:91 Page(s): 191-226

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Title

Study the Impact of Creativity on Economic Growth in Selected Countries

Author(s)

MOHAMMADZADEH PARVIZ | MOTEVASELI MAHMOUD | BEHESHTI MOHAMMAD BAGHER | AKBARI AKRAM | Issue Writer Certificate

Keywords

creativityQ2

economic growthQ2

developmentQ2

innovationQ2

human capitalQ2

Abstract

According to modern development theories, creativity plays an important role in economic growth through shifting human capabilities to human feasibilities. In fact, the milestone of development is when human, human mind, its infinite power, and human capabilities came in to consideration. So, the objective of this research is to study the effect of global indicators of creativity on economic growth in two set of countries (developed and developing countries) during 1990-2016, by using factor analysis and spatial methods. The results of factor analysis indicate that there are three factors for creativity indicators in developing countries and two factors in developed countries. According to the results of spatial econometric method, both of the factors, the first (R&D expenditure, patent, high-technology exports and number of researchers in R&D) and the second factors (creative export and human capital) in developed countries have a positive effect on economic growth; also the results for developing countries show that all three of the first (R&D expenditure, patent and number of researchers in R&D), the second (high-technology exports and creative export) and the third factors (human capital), have a positive effect on economic growth

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APA: Copy

MOHAMMADZADEH, PARVIZ, MOTEVASELI, MAHMOUD, BEHESHTI, MOHAMMAD BAGHER, & AKBARI, AKRAM. (2019). Study the Impact of Creativity on Economic Growth in Selected Countries. JOURNAL OF ECONOMIC RESEARCH AND POLICIES, 27(91 ), 191-226. SID. https://sid.ir/paper/360077/en

Vancouver: Copy

MOHAMMADZADEH PARVIZ, MOTEVASELI MAHMOUD, BEHESHTI MOHAMMAD BAGHER, AKBARI AKRAM. Study the Impact of Creativity on Economic Growth in Selected Countries. JOURNAL OF ECONOMIC RESEARCH AND POLICIES[Internet]. 2019;27(91 ):191-226. Available from: https://sid.ir/paper/360077/en

IEEE: Copy

PARVIZ MOHAMMADZADEH, MAHMOUD MOTEVASELI, MOHAMMAD BAGHER BEHESHTI, and AKRAM AKBARI, “Study the Impact of Creativity on Economic Growth in Selected Countries,” JOURNAL OF ECONOMIC RESEARCH AND POLICIES, vol. 27, no. 91 , pp. 191–226, 2019, [Online]. Available: https://sid.ir/paper/360077/en

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