Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2264374
Does tertiary education promote technological innovation sustainability? The role of national intellectual capital. An empirical evidence
Chukwuemeka Valentine Okolo
Jun Wen
Juliet Oluchi Eze
Sažetak
Tertiary education redefines its role in research and innovation,
acting as a proponent of the research and innovation culture, creating
real-world solutions, and bridging the gap between decision-
making, governance, and innovation. We empirically explore
tertiary education’s effect on innovation and national intellectual
capital’s role. The empirical findings of the 2SLS and instrumental
variable fixed effect model with Driscoll-Kraay robust standard
errors, based on panel evidence from 79 economies from 1995 to
2017, show that tertiary education has a positive and substantial
effect on innovation performance as determined by patent and
trademark applications. Comparable results are obtained using
instrumental variable panel quantile regression as robustness tests
to support the findings. Also, theoretically, the result shows that
national intellectual capital reinforces the impact of tertiary education
as a catalyst for technological progress. The findings support
R&D data policies that support specific digital innovation,
skills, knowledge creation, and diffusion. Proactive policy frameworks
should be adopted to promote national intellectual capital
through internet infrastructure for economic inclusion that fosters
innovativeness; tertiary education using digital technology redefines
creativity, stimulates cooperation, and aids in forming
innovative ecosystems; boosting government and private grants
to university academics allows for identifying ideas with the
greatest long-term potential
Ključne riječi
Tertiary education; innovative activity; research and development; national intellectual capital
Hrčak ID:
315159
URI
Datum izdavanja:
30.10.2023.
Posjeta: 63 *