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Comment on “Different impacts of scientific and technological knowledge on economic growth: vontrasting science and technology policy in East Asia and Latin America”

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dc.contributor.authorAbdul Kareem, Mohamed Ariff
dc.date.accessioned2016-06-06
dc.date.accessioned2016-07-25T18:56:52Z
dc.date.available2016-06-06
dc.date.available2016-07-25T18:56:52Z
dc.date.disclosure2016-06-10
dc.date.issued2015
dc.description.abstractThe Kim and Lee (2015) paper on the innovation experiences of East Asia and Latin America represents a refreshing attempt at relating the economic impact of science and technology (S&T) in the two regions to the S&T policies pursued, using econometric techniques. The authors show that East Asia has been more successful than Latin America in the application of S&T knowledge to grow economically. They conclude that the differences in the contributions of S&T to economic growth in the two regions are largely due to the adoption of what appears to be diametrically opposite policy approaches toward S&T. While the S&T policy impact could help explain the differences in the pace of economic growth in East Asia and Latin America, there is no suggestion that it is all entirely due to S&T policies per se. There is also a need to explain why there is such a contrasting S&T policy in the first place. In the literature, there are references to “East Asian values” as a driver of growth in East Asia, which may not correspond to “Latin American values” or the Spanish/Portuguese cultural influences that prevail in Latin America, although there is no hard evidence to support these assertions.
dc.identifier.citationAbdul Kareem, Mohamed Ariff (2015). Comment on “Different impacts of scientific and technological knowledge on economic growth: contrasting science and technology policy in East Asia and Latin America”. Asian Economic Policy Review, 10 (1), pp 69-70.
dc.identifier.doidoi:10.1111/aepr.12083
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/1286
dc.languageEnglish
dc.language.isoeng
dc.publisherWiley
dc.rights2015. Wiley
dc.sourceCRP
dc.subjectEconomic growth
dc.subjectTechnology
dc.subjectKnowledge
dc.subjectEast Asia
dc.subjectLatin America
dc.titleComment on “Different impacts of scientific and technological knowledge on economic growth: vontrasting science and technology policy in East Asia and Latin America”
dc.typeJournal Article
dlc.maintopicConventional finance
dlc.subtopicEconomics
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicConventional finance
ikr.topic.subtopicConventional finance
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