The role R&D Expenditures on Economic Growth in Iran
Subject Areas : Futurology
سید رضا .Seyed Nourani
1
(
ندارد
)
A. Jalal Abady
2
(
ندارد
)
Keywords: Research, development, Economic growth, technology,
Abstract :
The important role of research on economic growth has been in all economic insights, from Adam to new. Where as classic economists believe that most important determinat of economic growth is saving, the neoclassic economists emphasize on capital accumulation as human capital, as the most emphasize source of economic growth. (Denison, 1967). Before 1980’s, in explained theories, technology variable entered to economic growth models as an exogenous factor. With introducing the indogenous economic growth theories in 1980’s some of economists tried to consider the knowledge and technology as an indogenous variables in economic growth models, In such models, technical knowledge and technology don’t consider as a public good, but they can be a substitution (or competitive) good with specific prices. Thus, the firms that create technicals knowledge and technology can obtain profit by controlling it and consider a price greater than zero for it. In other word, in indogenous growth models the monopoly profit is motivative for innovation. This research Analyses the role and effect of research expenditures on economic growth in IRAN during 1349-79 in indogenous economic growth models structures based on R&D.
