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Validating the dynamic relationship between technological innovation and economic growth in Malaysia

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dc.citedby2
dc.contributor.authorBekhet H.A.en_US
dc.contributor.authorLatif N.W.A.en_US
dc.contributor.authorid37100908800en_US
dc.contributor.authorid37101165500en_US
dc.date.accessioned2023-05-29T07:29:20Z
dc.date.available2023-05-29T07:29:20Z
dc.date.issued2019
dc.description.abstractTechnological innovation is a dynamic growth factor to achieve sustainable development. This study aims to explore the long- and short-run relationship between technological innovation and Malaysia�s sustainable growth from 1980 to 2015. Augmented Cobb-Douglas production function is used to scale the technological innovation and economic growth link. The F-bounds test and VECM Granger causality are employed. The dynamic relationships among the gross domestic product, capital, employment, electricity consumption, technological innovation, technological innovation squared and governance institution quality variables; and the nonlinear relationship between technological innovation and economic growth are studied. The study confirms the existence of long-run relationship among the variables and the link between technological innovation and economic growth has an inverted U-shape. Also, technological innovation, technological innovation squared, and governance institution quality Granger-cause economic growth in the long and short run, together with capital, employment and electricity consumption. Therefore, continuous plans and policies are very much needed to drive technological innovation evolution in Malaysia, so the tide is slowly turning. Copyright � 2019 Inderscience Enterprises Ltd.en_US
dc.description.natureFinalen_US
dc.identifier.doi10.1504/IJTLID.2019.102674
dc.identifier.epage214
dc.identifier.issue3
dc.identifier.scopus2-s2.0-85073346849
dc.identifier.spage185
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85073346849&doi=10.1504%2fIJTLID.2019.102674&partnerID=40&md5=62867f666a0da8f5b3ec4dba4bcd0033
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/24952
dc.identifier.volume11
dc.publisherInderscience Publishersen_US
dc.sourceScopus
dc.sourcetitleInternational Journal of Technological Learning, Innovation and Development
dc.titleValidating the dynamic relationship between technological innovation and economic growth in Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication
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