The Comparative Analysis of the Selected Countries Economic Complexity in the National System of Innovation Framework

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Divkoti Mohamad Mahdi; AGHAJANI HASANALI; Shirkhodaei Meysam; TEHRANCHIAN AMIR MANSOUR

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Journal: Journal of economics and regional development Year:2019 | Volume:25 (NEW) | Issue:16 Page(s): 87-123

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Title

The Comparative Analysis of the Selected Countries Economic Complexity in the National System of Innovation Framework

Author(s)

Divkoti Mohamad Mahdi | AGHAJANI HASANALI | Shirkhodaei Meysam | TEHRANCHIAN AMIR MANSOUR | Issue Writer Certificate

Keywords

National system of innovationQ2

economic complexityQ1

knowledge-based economyQ1

Abstract

Introduction: As stated by theoreticians, no factor can replace knowledge in the present-day economy; so that other production factors (such as labor and capital), which have been among the main contributing factors of development for decades, are also affected by such phenomenon. Accordingly, in the age of knowledge-based economics, many countries are seeking to develop their wealth creation through knowledge; thus, they seek to organize a mechanism in which knowledge is created based on the needs of society, which helps them pass through the path to maturity and evolution, and ultimately leads them to the wealth creation (Hasani, Rafiei & Bakhshiani, 2016). To measure the level of knowledge used in a country’ s products, there are several indicators one of which is the economic complexity index (Pazham & Salimifar, 2016) proposed by Hidalgo and Hausmann (2009); to measure the complexity of the countries’ economy (Hidalgo & Hausmann, 2009). The economic complexity approach can be used as a benchmark for assessing the effectiveness of the countries’ national innovation systems. Many models have been introduced to assess and measure the success of innovation systems, but a more complex and more realistic approach to this measure can be demonstrated in the international arena. Thus, in this article; we first provided a very brief reference to the national innovation systems of the selected countries (including Japan, South Korea, Singapore, Malaysia, and Iran), then by introducing how to calculate economic complexity, opportunity gain and distance, we compared the comparative position of these countries while encountering economic complexity.

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APA: Copy

Divkoti, Mohamad Mahdi, AGHAJANI, HASANALI, Shirkhodaei, Meysam, & TEHRANCHIAN, AMIR MANSOUR. (2019). The Comparative Analysis of the Selected Countries Economic Complexity in the National System of Innovation Framework. ECONOMICS AND REGIONAL DEVELOPMENT (KNOWLEDGE AND DEVELOPMENT), 25 (NEW)(16 ), 87-123. SID. https://sid.ir/paper/366793/en

Vancouver: Copy

Divkoti Mohamad Mahdi, AGHAJANI HASANALI, Shirkhodaei Meysam, TEHRANCHIAN AMIR MANSOUR. The Comparative Analysis of the Selected Countries Economic Complexity in the National System of Innovation Framework. ECONOMICS AND REGIONAL DEVELOPMENT (KNOWLEDGE AND DEVELOPMENT)[Internet]. 2019;25 (NEW)(16 ):87-123. Available from: https://sid.ir/paper/366793/en

IEEE: Copy

Mohamad Mahdi Divkoti, HASANALI AGHAJANI, Meysam Shirkhodaei, and AMIR MANSOUR TEHRANCHIAN, “The Comparative Analysis of the Selected Countries Economic Complexity in the National System of Innovation Framework,” ECONOMICS AND REGIONAL DEVELOPMENT (KNOWLEDGE AND DEVELOPMENT), vol. 25 (NEW), no. 16 , pp. 87–123, 2019, [Online]. Available: https://sid.ir/paper/366793/en

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