Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

Innovation and Economic Inequality―An Observation from the Global Innovation Index

Authors
Ruiyang He1, *
1University of Wisconsin-Madison
Corresponding Author
Ruiyang He
Available Online 1 July 2022.
DOI
10.2991/aebmr.k.220603.029How to use a DOI?
Keywords
Innovation; Economic Growth; Global Economic Inequality; IP Protection; Global Innovation Index
Abstract

Innovation is widely acknowledged as an important propeller of economic development. However, innovation may not be the elixir for extreme contrast in wealth among different countries, and it might even exacerbate inequality. Using economic data of 128 countries from the World Bank and the Global Innovation Index, this paper observes severe inequality and a high threshold among different countries regarding innovation capability, innovation sustainability, and IP profiting. This also discusses the shortcomings of the GII index and the relationship between innovation and economic growth.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
1 July 2022
ISBN
10.2991/aebmr.k.220603.029
ISSN
2352-5428
DOI
10.2991/aebmr.k.220603.029How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

TY  - CONF
AU  - Ruiyang He
PY  - 2022
DA  - 2022/07/01
TI  - Innovation and Economic Inequality―An Observation from the Global Innovation Index
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 163
EP  - 168
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.029
DO  - 10.2991/aebmr.k.220603.029
ID  - He2022
ER  -