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Innovation and Sustainable Development

Does Aid and Political Instability Impede Innovation

Bibliographic Data

ID4182415
AuthorsMuhammad Athar Nadeem (0000-0001-5128-0581, University of Science and Technology of China), Zhiying Liu (0000-0001-7224-7131, University of Science and Technology of China), Haji Suleman Ali (0000-0003-0875-0562, University of Science and Technology of China), Amna Younis (0000-0003-1784-7972, University of Science and Technology of China), Muhammad Bilal (0000-0001-5388-3183, Iqra University), Yi Xu (0000-0002-9555-6145, University of Science and Technology of China, corresponding author)
Year2020
Volume10
Issue4
Publication date2020-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSAGE Open (JOURNAL)
Journal identifiersISSN: 2158-2440 • E-ISSN: 2158-2440
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/2158244020973021
OpenAlexW3098047355
LanguageEN
Citations received10
References cited131

Sound innovation capabilities help the nations not only to capture bigger market shares but also to sustain long-term economic growth. Innovation is of vital importance at all stages of a country's development as it promotes productivity, value creation, employment, economic growth, and sustainability. Several factors can affect the innovation activities of a country. For example, peaceful and stable environment, effective macroeconomic designs, sound institutional quality, and efficient utilization of resources are of great significance for a country to nourish economic, business, and market activities. Applying the Auto Regressive Distributive Lag approach to cointegration, this study investigates the short- and long-run impacts of aid, political instability, and terrorism upon the innovation of a laggard economy, namely, Pakistan. Our findings reveal that aid, political instability, and terrorism all have adverse impacts on innovation. Results across robustness checks remain the same. This study is of strong policy implications for policymakers, governments and opposition parties, and security and intelligence agencies to develop sound macroeconomic designs and policies, bring harmony for political stability, and curb terrorism, respectively

Business · Economic system · Economics · Market economy · Political science · Politics · Terrorism · Economic Growth and Development · Innovation and Socioeconomic Development · International Development and Aid

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Unique citing works10
Citations per year2
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 7

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