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

Author(s)	Laylokhon Islomova Boxodir qizi, 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
Cite This	Does Innovative Development Cause Economic Growth? Study on Evidence from South Korea - Laylokhon Islomova Boxodir qizi, Sultanova Gavhar Karimovna - IJFMR Volume 6, Issue 3, May-June 2024. DOI 10.36948/ijfmr.2024.v06i03.23729
DOI	https://doi.org/10.36948/ijfmr.2024.v06i03.23729
Short DOI	https://doi.org/gt3ndh

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