Publication Date:
2010
abstract:
The purpose of this paper is to analyze the relationship between democratization and technological
innovation. In primis, the paper shows, through economic history, that democratization is an
antecedent process (cause) to technological and economic change (effect). In particular, the
primary finding is that democratization is a driving force for technological change: most free
countries,measured with liberal, participatory, and constitutional democracy indices, have a higher
level of technology than less free and more autocratic countries. In fact, "democracy richness"
generates a higher rate of technological innovation with fruitful effects for the well being and wealth
of nations. These findings and predictions lead to the conclusion that policy makers need to be
cognizant of positive associations between democratization and technological innovation paths in
order to support the modern economic growth and future technological progress of countries.
Iris type:
01.01 Articolo in rivista
Keywords:
Democratization; Technological innovation; Patents; Royalty licenses fees; Economic change
List of contributors:
Coccia, Mario
Published in: