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A GROWTH MODEL FOR THE QUADRUPLE HELIX

2012; Vilnius Gediminas Technical University; Volume: 13; Issue: 5 Linguagem: Inglês

10.3846/16111699.2011.626438

1611-1699

Óscar Afonso, Sara Paulina De Oliveira Monteiro, Maria Thompson,

Economic Growth and Productivity

We develop a R&D-based growth model with productive public expenditure in order to frame the Quadruple Helix (QH) innovation concept, based on four helices: Academia & Technological Infrastructures, Firms, Government and Civil Society. Our motivation stems from acknowledgment that the relationship between these four helices and their joint impact on growth is in need of a theoretical framework. We aim to emphasise the importance to economic growth of innovation systems structured on these four helices. The introduced model confirms theoretically the notion that increases in: (i) complementarities between distinct productive units, or (ii) in productive government expenditure, lead to higher growth.