Innovative Potential as a Driver of Economic Growth: Theoretical Found: DE - Softcover

Inhaltsangabe

This monograph examines the relationship between innovative potential and economic growth, focusing on Uzbekistan. In the modern knowledge-based economy, where traditional production factors are reaching their limits, innovation has become a key driver of sustainable development. Innovative potential is interpreted as a dynamic system including human capital, research and development (R&D), institutional quality, and technological capabilities. The study is grounded in endogenous growth theory, institutional economics, and innovation systems theory, including the Triple Helix model. A combined methodological approach is applied, integrating system analysis, statistical methods, and econometric modeling. A composite index of innovative potential is constructed using standardized indicators, and its impact on economic growth is assessed through a multivariate regression model.The empirical results reveal a positive and statistically significant relationship between innovative potential and economic growth. R&D, human capital, patent activity, and foreign direct investment all contribute to gross domestic product.

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