Autore
Coccia, MarioTitolo
Democratization is the determinant of technological changePeriodico
CERIS-CNR. Working PaperAnno:
2008 - Fascicolo:
6 - Pagina iniziale:
1 - Pagina finale:
30The purpose of this paper is to analyze the relationship between democracy and technological innovation. The primary findings are that most free countries, measured with
liberal, participatory, and constitutional democracy index, have higher technological
innovation than less free and more autocratic countries, so that the former have a higher
interaction among social, economic and innovation systems with fruitful effects on
economic growth and the wealth of nations. In fact “democracy richness” in these countries
displays a higher rate of technological innovation. In addition, democratization is an
antecedent process (cause) to technological innovation (effect), which is a major wellknown
determinant of economic growth. These findings lead to the conclusion that policy
makers need to be cognizant of positive association between democratization and
technological innovation to sustain modern economic growth and future technological
progress in view of the accelerating globalization.
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