A growth model for the quadruple helix innovation theory

• Author(s): Afonso, Óscar ; Monteiro, Sara ; Thompson, Maria João Ribeiro
• Date: 2010
• Persistent ID: http://hdl.handle.net/1822/11703
• Origin: RepositóriUM - Universidade do Minho
• Subject(s): Economic growth; Innovation ecosystems; Quadruple helix innovation model
• Document Type: Research paper
• Language: English

Description

We propose a theoretical growth model with which to frame analytically the Quadruple Helix Innovation Theory (QHIT). The aim is to emphasise the investment in innovation transmission mechanisms in terms of economic growth and productivity gains, in one-high-technology sector, by stressing the role played by the helices of the Quadruple Helix Innovation Model: Academiaand Technological Infrastructures, Firms of Innovation, Government and Civil Society. In the existing literature, the relationship between the helices and respective impacts on economic growth does not appear clear. Results are fragiledue to data weakness and the inexistence of a theoretical framework to specify the relationship between the helices. Hence our motivation for providing the QHIT with a theoretical growth model. Our intent is to model the importance of emerging, dynamically adaptive, and transdisciplinary knowledge and innovation ecosystems to economic growth. We .nd that higher economic growth rate is obtained as a result of an increase in synergies and complementarities between different productive units, or an incease in productive government expenditure.