International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Does Innovative Development Cause Economic Growth? Study on Evidence from South Korea

Author(s) Laylokhon Islomova Boxodir qiz, Sultanova Gavhar Karimovna
Country Uzbekistan
Abstract This article examines the connection between innovation and economic growth through the example of South Korea, a nation that has effectively transformed its economy via proactive innovation policies. The authors perform an econometric analysis to evaluate the influence of innovation on crucial economic development indicators. Their research demonstrates a significant relationship between innovation and GDP growth, highlighting the vital role of innovation in fostering a sustainable and prosperous future.
Field Sociology > Economics
Published In Volume 6, Issue 3, May-June 2024
Published On 2024-06-30
DOI https://doi.org/10.36948/ijfmr.2024.v06i03.23729
Short DOI https://doi.org/gt3ndh

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