Investigating the Impact of Research and Development on Exports and GDP Per Capita (Evidence from the World Market)

Document Type : Original Article

Authors

1 Teaching Assistant at College of International Transport and Logistics

2 Professor at College of International Transport and Logistics

3 Assistant Professor at College of Management and Technology

Abstract

Economic growth is a main purpose that every country aims to achieve, Egypt has been focusing on economic growth as a primary objective, particularly in recent years. Investments in research and development (R&D) represent an important variable that could affect the country's economic growth. The current study aims to test the impact of R&D on GDP per capita and exports as two indicators of economic growth by selecting a sample of countries worldwide. The results of the analysis supported the relationship between R&D and exports. On the contrary, the analysis did not support the relationship between R&D and GDP per Capita. This study takes a multidimensional approach using indicators such as R&D intensity, trade openness, and export diversification. By identifying the key drivers of economic productivity through this analysis, a framework is developed to help the Egyptian companies employing R&D to boost Exports and hence the GDP per Capita. This study advances the academic discourse on determinants of economic performance and provides actionable recommendations for policymakers, businesses, and international organizations to enhance productivity. Finally, the current research has some limitations related to the years included in the data collection, as well as the independent variables that could affect economic growth.

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