scholarly journals IMPORTANCE OF PATENT AND INNOVATION IN EDUCATIONAL INSTITUTIONS

2015 ◽  
Vol 3 ◽  
pp. 271-275 ◽  
Author(s):  
Mario Al Kassiri ◽  
Tatiana Čorejová

This articles discusses the importance of converting knowledge into realizable output, which can subsequently be patented. Patenting, in itself, is already the result of a completed and difficult process. The importance of patenting is not only advantageous for the author patent, but also for the whole society and knowledge-based economy. In this article, we explain not only the effect of patenting on the economy as a whole, along with its advantages, but also possible acceleration in process of patenting. Universities rely on the important aspect of innovation and patenting, whereas innovation and patenting alone support the economic growth. Lack of projects covering patenting process may cause less outputs of innovation. Projects which support the development of innovation and start-ups have big potential in reducing unemployment and increasing the motivation of new foreign investors.

2007 ◽  
Vol 11 (02) ◽  
pp. 279-297 ◽  
Author(s):  
RIFAT A. ATUN ◽  
IAN HARVEY ◽  
JOFF WILD

Empirical evidence demonstrates the value of intellectual property (IP) in creating economic growth, enhancing productivity and profitability, and increasing enterprise value. Research and Development (R&D) intensive industries, such as the life sciences, where patents are critical to competition, need an enabling environment to institutionalise innovation and IP generation and reward investments in IP. The US has approached IP strategically and created an IP infrastructure. Japan aims to develop into an "IP nation". China has an increasingly well-developed IP system. In contrast, the European Union (EU), which aims to become the world's leading knowledge-based economy, has a fragmented and expensive system of national patents. It lacks an environment which values investment in IP generation and management. Until recently, the EU enjoyed global competitive advantage in the life sciences, but this advantage has been lost. To regain this competitive advantage the EU must invest substantially in R&D, IP generation and commercialisation of these outputs.


2016 ◽  
Vol 8 (2) ◽  
pp. 36-49
Author(s):  
Virachai Vongbunsin ◽  
John Walsh

The knowledge-based economy (KBE) is widely considered to be the foundation of the next stage of economic growth, following agriculture, manufacturing and services. Countries seeking to enter the KBE must take care to ensure that their resources ‘particularly human resources ‘ are willing and able to fulfil the roles requested of them. That in turn means that countries must be aware of what challenges and difficulties they will face in taking this next step in development. This paper attempts to outline at the macro-social level the issues involved in this process with a view to identifying an agenda of state-level developmental goals to be tackled.


Author(s):  
Michał Męczyński

In the recent years much attention has been given to the building of a knowledge-based economy (KBE). Of crucial importance in this process is the designing and practical use of innovations. They enhance the competitiveness of enterprises, regions and countries. Among the innovations of rapidly increasing significance are information-communication technologies, which make it possible to accumulate, process and circulate an ever-growing number of data over a short period of time. This allows a widespread and highly dynamic diffusion of knowledge.The article presents spatial differences among voivodships in Poland in the use of informationcommunication technologies in industrial plants. The analysis is preceded by a theoretical introduction, presenting J.A. Schumpeter’s theory of a creative destruction of the economic system as well as Kondratiev’s conception of long waves and cycles of industrial evolution. In this way the importance of innovations – including those in information-communication technologies – for economic growth is stressed. By showing differences among voivodships in the use of information-communication technologies, leaders in this field and those lagging behind are identified. A comparison is also made of the dynamics of economic growth of voivodships based on their per capita GDP figures and their use of this group of technologies. The article closes with the description of barriers hindering access to those technologies and their use. The conclusions present prospects of their development.


2022 ◽  
pp. 150-202
Author(s):  
Olfa Boussetta ◽  
Najeh Aissaoui ◽  
Fethi Sellaouti

The growing interest in the knowledge economy raises many questions about its effect on economic growth. The study aims to position a set of MENA countries in the context of the knowledge economy compared to developed countries. It also detects theoretically and empirically the knowledge effect on economic growth. To do this, the authors have estimated an endogenous growth model, using the dynamic panel data technique, for a sample of 16 MENA countries over 1995-2014. The results show that, despite the significant improvements that have registered in the knowledge economy pillars, the selected countries are still lagging compared to developed countries. Far from international comparisons, the internal effects of these knowledge pillars (education, innovation, ICT, institutional regime) on growth are positive and highly significant.


2020 ◽  
Vol 10 (1) ◽  
pp. 37-43 ◽  
Author(s):  
Bosede Comfort Olopade ◽  
Henry Okodua ◽  
Muyiwa Oladosun ◽  
Oluwatoyin Matthew ◽  
Ese Urhie ◽  
...  

2021 ◽  
Vol 13 (5) ◽  
pp. 2890
Author(s):  
Koketso Phale ◽  
Fanglin Li ◽  
Isaac Adjei Mensah ◽  
Akoto Yaw Omari-Sasu ◽  
Mohammed Musah

The Southern African Development Community is lagging behind in terms of knowledge economy relative to other regions worldwide. This dramatically reduces the chances of keeping up with their economically established counterparts in terms of sustainable development. This paper therefore, applies multivariate panel data analysis which is predicted on the Cobb–Douglas production function to analyze the affiliation flanked by knowledge-based economy pillars and economic growth from 1998–2018. The World Bank knowledge-based economy framework is employed. To achieve the study goal, the long-run effect regarding proxies of each pillar in the knowledge-based economy on economic growth is first estimated. Afterwards, the average impact of each pillar is examined using the average impact index (AII). Employment of both conventional unit root and co-integration tests showed all observed series are stationary and co-integrated. Further estimation of the long-run relationship using both static and dynamic models (fixed effect and generalized method of moment) portrayed that government effectiveness, adjusted savings on education expenditure, tertiary enrollment, scientific and technical journals, and mobile cellular subscriptions have significant positive impact on economic growth. Finally, the AII estimation unveiled that the innovation pillar is the most impactful aspect on economic growth followed by education and skills with the least being information and communication technology infrastructure. Feasible policy recommendations are further suggested.


2015 ◽  
Vol 6 (3) ◽  
pp. 263-282 ◽  
Author(s):  
Dejin Su ◽  
Dayong Zhou ◽  
Chunlin Liu ◽  
Lanlan Kong

Purpose – The purpose of this paper is to analyze and summarize the development of science and technology (S & T) policies in China from a government-driven perspective in chronological order. To develop knowledge-based economy, China enacts a range of S & T policies since “Reform and Open Policy” started in 1978. Furthermore, it investigates the overall effects of these S & T policies on university-industry linkages (UILs). Design/methodology/approach – This paper conducts an analysis framework of S & T policies in historical sequence to explain how government drives UILs to stimulate technological progress and economic growth in China. Findings – More than a site for high-quality workforce education and knowledge spread, universities as an important part of national innovation are required to participate in economic activities. Considering that most Chinese universities are national, S & T policies with particular regard to university technology transfer would be more important and essential. This research finds that S & T policies enacted by government have made critical contributions to UILs in economic transition period, such as improving academic faculty, enhancing university–industry collaborations and supporting university spin-off formation. The experiences of China suggest that government should enact more effective S & T policies in the knowledge-based economy era. Practical implications – First, universities need to educate high-level human resources that are important for economic growth and social development. Second, universities need to engage in R & D activities and enhance their collaboration with industries, such as consulting services, research contracts with industry, patent licensing and other general knowledge commercial mechanisms. Third, universities also can directly transfer commercial knowledge to start up new businesses by itself or in partnership with industrial sectors. Without doubt, a series of S & T policies or programs enacted by China’s government to drive entrepreneurship continuously played critical role in the UILs over the past 26 years. Originality/value – This paper is a pioneering work on how S & T policies enacted by government drive UILs to stimulate technological progress in transitional China.


Author(s):  
Monika Borowiec

In the process of development of knowledge – based economy, education and science become essential factors leading to the improvement of intellectual resources, which influences the competitiveness of national and regional systems. The development of scientific and educational function takes place in different kinds of educational institutions. The academic centers are important elements of social-economie structure, which determine the process of formation of the regional development poles and increase of competitiveness of the regional system. The quality of intellectual supplies in the industry depends on the educational system and the structure of courses. The author emphasizes the role of education in the development of innovations and industry of the Podkarpackie Voivodeship.


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