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Economies
Special Issues
Innovation, Productivity and Economic Growth: New Insights
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Innovation, Productivity and Economic Growth: New Insights

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: 30 June 2024 | Viewed by 15126

Special Issue Editor

Prof. Dr. Luigi Aldieri

E-Mail Website
Guest Editor
Department of Economic and Statistical Sciences, University of Salerno, I-84084 Fisciano, SA, Italy
Interests: innovation economics; environmental economics; labor economics; econometrics; public policy; economics of innovation; patents; knowledge diffusion process; employment; green economy; applied microeconometrics
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The economic literature shows the relevance of the knowledge diffusion process for firms’ productivity. Indeed, firms innovate by generating technological knowledge to develop new products and production processes, or improve those already in existence.

The aim of this Special Issue is to consider new works relevant to the innovation process through the analysis of research and development expenditures (R&D) or patent data. In particular, we further explore the innovation process of the firms and the relative impact of employment.

Theoretical and empirical contributions related to the economics of innovation and relative public policies are welcome in this Special Issue.

Submissions should consist of theoretical or applied research in a large range of tracks and topics, including, but not limited to:

  • Knowledge-based economy and social capital;
  • Innovation economics;
  • Digital transformation processes in the private and public sectors;
  • Employment effects of digital innovation;
  • Liquidity constraints and productivity.

Prof. Dr. Luigi Aldieri
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Published Papers (6 papers)

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Research

25 pages, 4308 KiB  
Article
Exploring Trends in Innovation within Digital Economy Research: A Scientometric Analysis
by Lazuardi Imani Hakam, Eeng Ahman, Disman Disman, Hari Mulyadi and Dzikri Firmansyah Hakam
Economies 2023, 11(11), 269; https://doi.org/10.3390/economies11110269 - 01 Nov 2023
Viewed by 3108
Abstract
Significant advancements have been made in studying innovation within the digital economy over the past 20 years. Research on innovation and the digital economy is crucial since it changes all facets of human existence, including business models and entrepreneurial trends. Research regarding innovation [...] Read more.
Significant advancements have been made in studying innovation within the digital economy over the past 20 years. Research on innovation and the digital economy is crucial since it changes all facets of human existence, including business models and entrepreneurial trends. Research regarding innovation in the digital economy has experienced growth over time. However, only a small number of research works have investigated their references using the most widely utilized citation mapping approach, scientometric analysis. This scientometric analysis used 822 published innovation and digital economy research papers from 2000 to August 2023 from the Scopus database. Data analysis and visualization were carried out using biblioshiny (bibliometric package) in R and VOSviewer. According to the data, the study on innovation within the digital economy has grown by 22.75% yearly since 2000. This study offers valuable insight for society, academics, academic institutions, researchers, policymakers, and businesses. The findings reveal the pivotal aspects of the research, derived from the most frequently referenced subjects, publications, authors, and keywords to determine current and future trends in innovation in the digital economy. Full article
(This article belongs to the Special Issue Innovation, Productivity and Economic Growth: New Insights)
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14 pages, 297 KiB  
Article
The Effect of the Digital Economy on the Employment Structure in China
by Yantong Zhao and Rusmawati Said
Economies 2023, 11(9), 227; https://doi.org/10.3390/economies11090227 - 04 Sep 2023
Cited by 1 | Viewed by 3006
Abstract
The digital economy’s influence on society and the traditional economy is deepening, owing to the wide application of digital technology in production and life. The question of how the digital economy affects the employment structure has become a hot issue to discuss. To [...] Read more.
The digital economy’s influence on society and the traditional economy is deepening, owing to the wide application of digital technology in production and life. The question of how the digital economy affects the employment structure has become a hot issue to discuss. To explore the impact of the digital economy on the labour structure, this paper selected China’s thirty-one provincial panel data between 2013 and 2020 and utilized the static panel model. On the whole, the proportion of employment in the secondary sector to the total employment rate is declining with the development of the digital economy. The proportion of employment in the tertiary sector to the total employment has increased due to enhancement in the degrees of development in the digital economy. From the perspective of different regions, in the eastern and middle part, improvement in the digital economy has reduced the proportion of employment in the primary sectors to the total employment rate while increasing the proportion of employment in the tertiary sector to the total employment rate and optimizing the industrial structure. Employment in the manufacturing and construction industries in the secondary sector is significantly negatively affected by the development of the digital economy. In addition, the mining industry and utility employment (Production and Supply of Gas, Heat, Water, and Electricity) are not significantly affected by the progress of the digital economy. Full article
(This article belongs to the Special Issue Innovation, Productivity and Economic Growth: New Insights)
18 pages, 2724 KiB  
Article
The Role of Greener Innovations in Promoting Financial Inclusion to Achieve Carbon Neutrality: An Integrative Review
by Mohsen Brahmi, Luca Esposito, Anna Parziale, Karambir Singh Dhayal, Shruti Agrawal, Arun Kumar Giri and Nguyen Thi Loan
Economies 2023, 11(7), 194; https://doi.org/10.3390/economies11070194 - 17 Jul 2023
Cited by 17 | Viewed by 2195
Abstract
In recent times, the green transition, by promoting carbon neutrality, has become highly imperative to meet environmental challenges. The present literature review study seeks to explore the intersecting role of greener innovations in facilitating financial inclusion for a sustainable future. Within the global [...] Read more.
In recent times, the green transition, by promoting carbon neutrality, has become highly imperative to meet environmental challenges. The present literature review study seeks to explore the intersecting role of greener innovations in facilitating financial inclusion for a sustainable future. Within the global agenda is the goal of carbon neutrality, with the aim of reducing environmental impact and mitigating climate change. Aim: The present study aims to investigate the role that technological innovations play in the financial inclusion of achieving climate neutrality. Method: Through a systematic literature review, we investigate how new innovations generate new investment opportunities and promote sustainable development. However, fair, accessible, and inclusive financing is crucial. Findings: the analyzed documents in this study shows that technological innovations can play an important role in financial inclusion for carbon neutrality and provide some important policy implications. Indeed, a favorable regulatory environment could generate positive effects already in the short term, with important environmental, economic, and social repercussions. Full article
(This article belongs to the Special Issue Innovation, Productivity and Economic Growth: New Insights)
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13 pages, 526 KiB  
Article
The Impact of Openness on Human Capital: A Study of Countries by the Level of Development
by Thi Bich Thuy Dao and Van Quy Khuc
Economies 2023, 11(7), 175; https://doi.org/10.3390/economies11070175 - 25 Jun 2023
Cited by 1 | Viewed by 2662
Abstract
This study investigates the impact of openness on human capital in 112 countries worldwide in 2000–2019. An two-stage least square fixed-effect model with instrumental variables is used to unravel the complicated relationship between human capital and its key determinants. The empirical results show [...] Read more.
This study investigates the impact of openness on human capital in 112 countries worldwide in 2000–2019. An two-stage least square fixed-effect model with instrumental variables is used to unravel the complicated relationship between human capital and its key determinants. The empirical results show that the impacts of openness vary greatly among different groups of countries. For example, while FDI has no effect on human capital in developed and upper-middle-income developing countries, its effect is positive in lower-middle-income countries and negative in low-income countries. Exports stimulate human capital formation in developed countries but in low-income developing countries, they act as an impediment to human capital formation. Imports have a positive effect on human capital in developing countries; however, in developed countries, the effect of imports on human capital is negative. International cooperation effectively raises the level of human capital in developed, upper-middle-income and low-income countries; however, it has no effect in lower-middle-income countries. In light of mindsponge—mindspongeconomics and the SM3D knowledge management system, the study’s findings particularly shed light on the long-term development roadmap associated with human capital and openness expansion in less developed and emerging countries in years to come. Full article
(This article belongs to the Special Issue Innovation, Productivity and Economic Growth: New Insights)
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17 pages, 348 KiB  
Article
Determinants of Digital Innovation in Micro and Small Industries
by Martini Martini, Doddy Setiawan, Retno Tanding Suryandari, Rayenda Khresna Brahmana and Andi Asrihapsari
Economies 2023, 11(6), 172; https://doi.org/10.3390/economies11060172 - 20 Jun 2023
Cited by 2 | Viewed by 1825
Abstract
Micro and small industries (MSIs) must utilize digital technology if they hope to meet obstacles and endure in a market that is always evolving owing to technological advancements. This study aims to examine the capacity of business factors, marketing factors, constraint factors, credit [...] Read more.
Micro and small industries (MSIs) must utilize digital technology if they hope to meet obstacles and endure in a market that is always evolving owing to technological advancements. This study aims to examine the capacity of business factors, marketing factors, constraint factors, credit factors, entrepreneur factors, and firm factors as determinants of digital innovation proxied by internet adoption and internet usage levels (for communication and information, for promotion, for buying and selling, and for fintech). This study uses a sample size of 90,295 MSIs and secondary data from the MSIs survey in 2019. As analytical tools, logit and ordinary least square (OLS) were employed. The findings demonstrate that business factors, marketing factors, constraint factors, credit factors, entrepreneur factors, and MSIs’ firm factors are substantial and continuously affect digital innovation, and primarily its influence is as a motivator. These results will hopefully offer insights for the government as consideration regarding policies on how to encourage MSIs’ digital innovation, and for MSIs themselves as references when they are about to make digital innovation decisions. Full article
(This article belongs to the Special Issue Innovation, Productivity and Economic Growth: New Insights)
19 pages, 3570 KiB  
Article
European Union Innovation Efficiency Assessment Based on Data Envelopment Analysis
by Meda Andrijauskiene, Dimosthenis Ioannidis, Daiva Dumciuviene, Asimina Dimara, Napoleon Bezas, Alexios Papaioannou and Stelios Krinidis
Economies 2023, 11(6), 163; https://doi.org/10.3390/economies11060163 - 09 Jun 2023
Cited by 2 | Viewed by 1475
Abstract
Though much attention is dedicated to the development of its research and innovation policy, the European Union constantly struggles to match the level of the strongest innovators in the world. Therefore, there is a necessity to analyze the individual efforts and conditions of [...] Read more.
Though much attention is dedicated to the development of its research and innovation policy, the European Union constantly struggles to match the level of the strongest innovators in the world. Therefore, there is a necessity to analyze the individual efforts and conditions of the 27 member states that might determine their final innovative performance. The results of a scientific literature review showed that there is a growing interest in the usage of artificial intelligence when seeking to improve decision-making processes. Data envelopment analysis, as a branch of computational intelligence methods, has proved to be a reliable tool for innovation efficiency evaluation. Therefore, this paper aimed to apply DEA for the assessment of the European Union’s innovation efficiency from 2000 to 2020, when innovation was measured by patent, trademark, and design applications. The findings showed that the general EU innovation efficiency situation has improved over time, meaning that each programming period was more successful than the previous one. On the other hand, visible disparities were found across the member states, showing that Luxembourg is an absolute innovation efficiency leader, while Greece and Portugal achieved the lowest average efficiency scores. Both the application of the DEA method and the gathered results may act as viable guidelines on how to improve R&I policies and select future investment directions. Full article
(This article belongs to the Special Issue Innovation, Productivity and Economic Growth: New Insights)
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