Innovation and Economic Inequality―An Observation from the Global Innovation Index
Authors
*Email: rhe37@wisc.edu
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.
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 -