Business dynamics, knowledge economy, and the economic performance of African countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10242451" target="_blank" >RIV/61989100:27510/20:10242451 - isvavai.cz</a>
Result on the web
<a href="https://journals.sagepub.com/doi/10.1177/0266666919832336" target="_blank" >https://journals.sagepub.com/doi/10.1177/0266666919832336</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1177/0266666919832336" target="_blank" >10.1177/0266666919832336</a>
Alternative languages
Result language
angličtina
Original language name
Business dynamics, knowledge economy, and the economic performance of African countries
Original language description
This paper develops a framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE affects economic performance, and (c) how economic performance relates to the inequality-adjusted human socioeconomic development (IHDI) of 53 African countries during the 1996-2010 time period. We estimate the linkages with three related equations. The results support a strong correlation between the dynamics of starting and doing business and variations in KE. The results also show that there exists a weak link between KE and economic performance. Nonetheless, KE-influenced performance plays a more important role in socioeconomic development than some of the conventional control variables like foreign direct investment (FDI), foreign aid, and even private investment.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
<a href="/en/project/GA19-25280S" target="_blank" >GA19-25280S: Drivers and impacts of the technological knowledge in emerging market and developing economies</a><br>
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Information Development
ISSN
0266-6669
e-ISSN
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Volume of the periodical
36
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
25
Pages from-to
128-152
UT code for WoS article
000523163700009
EID of the result in the Scopus database
2-s2.0-85081332093