Relationship Between Innovation, Human Capital, Institutions, Entrepreneurship, and Economic Growth

Author(s):  
Miguel-Angel Galindo Martín ◽  
María-Soledad Castaño ◽  
María Teresa Méndez Picazo

There is important literature that analyzes the relationship between entrepreneurship and economic growth. But it is also essential to consider the variables that influence entrepreneurship. In this sense, innovations, institutions, and human capital would be the main variables to consider, as they allow the entrepreneur to create new products, make them more competitive, or access new markets. At the same time, entrepreneurs establish the legal framework and the social climate to develop its activity, so innovations are generated and assimilated. But it is also essential to consider the degree of development and economic growth that countries present.

2019 ◽  
pp. 233-246
Author(s):  
Oluwole Daramola

This chapter discusses the profession of urban planning within the context of the Nigerian legal system. In Nigeria, there is an array of legislation relevant to urban planning that is aimed at securing sustainable cities through various planning activities. The chapter establishes the relationship between law and urban planning activities and puts it that the latter is an offshoot of the former. It further discusses the legal framework of urban planning in Nigeria, with due consideration to the problems inherent in it and the effects of such problems on urban development in the country. The chapter also suggests a need for paradigm shift by providing for strategies rooted in law towards viable urban and regional development and economic growth in Nigeria. The chapter concludes that strengthening the legal framework of urban planning will provide opportunities for equitable and spatial allocation of resources that takes cognizance of the social, economic, institutional, and environmental dimensions of an urban center.


Author(s):  
Oluwole Daramola

This chapter discusses the profession of urban planning within the context of the Nigerian legal system. In Nigeria, there is an array of legislation relevant to urban planning that is aimed at securing sustainable cities through various planning activities. The chapter establishes the relationship between law and urban planning activities and puts it that the latter is an offshoot of the former. It further discusses the legal framework of urban planning in Nigeria, with due consideration to the problems inherent in it and the effects of such problems on urban development in the country. The chapter also suggests a need for paradigm shift by providing for strategies rooted in law towards viable urban and regional development and economic growth in Nigeria. The chapter concludes that strengthening the legal framework of urban planning will provide opportunities for equitable and spatial allocation of resources that takes cognizance of the social, economic, institutional, and environmental dimensions of an urban center.


Author(s):  
Mel Cousins

Abstract This chapter focuses on the link between migration and social protection in Ireland. The chapter has two main goals. First, it presents the general legal framework regulating the social protection system in Ireland, paying particular attention to any potential differences in terms of conditions of access to social benefits between national residents, non-national residents, and non-resident nationals. Secondly, the chapter discusses how these different groups of individuals access social benefits across five policy areas: unemployment, health care, family benefits, pensions, and guaranteed minimum resources. The chapter concludes with a discussion of the relationship between migration and social protection policy.


2014 ◽  
Vol 687-691 ◽  
pp. 4568-4572
Author(s):  
Hai Chen Zhan

Modern logistics industry as an emerging industry, with the industrial division of labor with the social refinement and depth, to promote China's economic development has become an important industry and new economic growth point. This paper uses econometric approach to relations of the logistics industry and economic growth in Gansu Province made an empirical analysis reveals and Reveals the relationship between logistics industry and economic development in Gansu Province And for the results of the analysis are summarized and give relevant policy recommendations, hoping to provide a reference for the development of decision-making in Gansu.


2020 ◽  
Vol 47 (9) ◽  
pp. 1143-1159
Author(s):  
Roseline Tapuwa Karambakuwa ◽  
Ronney Ncwadi ◽  
Andrew Phiri

PurposeThe purpose of this study is to examine the impact of human capital on economic growth for a selected sample of nine SSA countries between 1980 and 2014 using a panel econometric approach.Design/methodology/approachThe authors estimate a log-linearized endogenous using the fully modified ordinary least squares (FMOLS) and the dynamic ordinary least squares (POLS) applied to our panel data time series.FindingsThe empirical analysis shows an insignificant effect of human capital on economic growth for our selected sample. These findings remain unchanged even after adding interactive terms to human capital, which are representatives of government spending as well as foreign direct investment. Nevertheless, the authors establish a positive and significant effect of the interactive term between urbanization and human capital on economic growth.Practical implicationsThe results emphasize the need for African policymakers to develop urbanized, “smart”, technologically driven cities within the SSA region as a platform toward strengthening the impact of human capital-economic growth relationship.Originality/valueThis study becomes the first in the literature to validate the human capital–urbanization–growth relationship for African countries.


2018 ◽  
Vol 17 (2) ◽  
pp. 220-245 ◽  
Author(s):  
Francisca Rosendo Silva ◽  
Marta Simões ◽  
João Sousa Andrade

Purpose This study aims to analyse the relationship between health human capital and economic growth for a maximum sample of 92 countries over the period 1980-2010 taking into account countries’ heterogeneity by assessing how health variables affect different countries according to their position on the conditional growth distribution. Design/methodology/approach The paper estimates a growth regression applying the methodology proposed by Canay (2011) for regression by quantiles (Koenker, 1978, 2004, 2012a, 2012b) in a panel framework. Quantile regression analysis allows us to identify the growth determinants that present a non-linear relationship with growth and determine the policy implications specifically for underperforming versus over achieving countries in terms of output growth. Findings The authors’ findings indicate that better health is positively and robustly related to growth at all quantiles, but the quantitative importance of the respective coefficients differs across quantiles, in some cases, with the sign of the relationship greater for countries that recorded lower growth rates. These results apply to both positive (life expectancy) and negative (infant mortality rate, undernourishment) health status indicators. Practical implications Given the predominantly public nature of health funding, cuts in health expenditure should be carefully balanced even in times of public finances sustainability problems, particularly when growth slowdowns, as a decrease in the stock of health human capital could be particularly harmful for growth in under achievers. Additionally, the most effective interventions seem to be those affecting early childhood development that should receive from policymakers the necessary attention and resources. Originality/value This study contributes to the existing literature by answering the question of whether the growth effects of health human capital can differ in sign and/or magnitude depending on a country’s growth performance. The findings may help policymakers to design the most adequate growth promoting policies according to the behaviour of output growth.


2005 ◽  
Vol 54 (2) ◽  
Author(s):  
Michael Hüther ◽  
Hans-Peter Klös ◽  
Susanne Seyda

AbstractThis article addresses the relationship between two policies that are to ensure wealth and economic growth: family policy and educational policy. Current demographic changes in Germany are widely expected to have a negative impact on economic growth. One way to tackle this problem is to devise a family policy that takes into account current demographic developments and encourages young people to set up a family of their own. A second major determinant of future wealth is the formation of human capital. This article analyzes measures relating to both family policy and human capital formation. Particular attention is devoted to links and synergetic effects between the two policy variables.


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