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  • 标题:The Correlation between Innovative Capabilities and Economic Development
  • 本地全文:下载
  • 作者:Adrian Stancu ; Crina Raluca Bucur
  • 期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
  • 印刷版ISSN:2284-8576
  • 电子版ISSN:2247-8582
  • 出版年度:2017
  • 卷号:4
  • 页码:5-12
  • 出版社:Petroleum-Gas University of Ploiesti
  • 摘要:The purpose of this paper is to emphasize the correlation between innovative capabilities and economicdevelopment, starting from the theories in the field. In this respect, we analysed Gross Domestic Productper capita in current US$ (GDP/capita), as dependent variable, and Global Innovation Index (GII), asindependent one. Using the IBM® SPSS® Statistics Version 21 software, we empirically tested differenttypes of models. The results showed a significant correlation between GDP/capita and GII, which is bestdescribed by the power model, as 72.5% of the variation in the GDP/capita was due to the variation ofGII. Therefore, we consider that Global Innovation Index as a measure of innovative capabilities of acountry is representative when testing the correlation with GDP/capita.
  • 关键词:correlation; innovative capabilities; economic development; regression equation.
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