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Knowledge Economy, Global Innovation Indices, Rents and Governance in Arab Economies

Driouchi, Ahmed and Harkat, Tahar (2016): Knowledge Economy, Global Innovation Indices, Rents and Governance in Arab Economies.

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Abstract

This paper sheds light on the relationship between knowledge, innovation, rents from natural resources and governance in world economies with focus on Arab countries. Two major analytical frameworks are used with the first based on the use of knowledge indicators while the second is on the Global Innovation index (2010-2016). Both models confirm the negative effects of rents and the positive roles of good governance, on knowledge and innovation. Arab countries appear to exhibit clearly these effects with higher emphasis on governance indicators. Also, Arab countries appear to exhibit a model that is statistically different from the one of all countries. This work complements that of Driouchi (2014a and 2014b) with the inclusion of the Global Innovation Index data 2010-2016.

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