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Sustainability and Competitiveness: Case Study of the Application in the Developed Countries Versus that of the Developing Countries

المصدر: مجلة التجارة والتمويل
الناشر: جامعة طنطا - كلية التجارة
المؤلف الرئيسي: Hassanien, Karim Badr El-Din Attia (Author)
المجلد/العدد: ع1
محكمة: نعم
الدولة: مصر
التاريخ الميلادي: 2016
الشهر: مارس
الصفحات: 17 - 36
DOI: 10.21608/CAF.2016.127304
ISSN: 1110-4716
رقم MD: 973640
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Sustainability | Competitiveness | Macroeconomic Variables | Developed Countries | Developing "Less-Developed" Countries | Globalization | Global Economy | Comparative Advantage | Socio-Economic Aspects | Unemployment | Total Investments | Gross Domestic Products "GDP" | Industrial Countries | Global GDP Growth Rate | Human Capital | Physical Capital | World Total Production | Economic System | Economic and Human Development | Foreign Direct Investment "FDI" | Indirect Investment | The Organization for Economic Co-Operation and Development "OECD" | Sustainable Competitive Advantage | Knowledge Diffusion | Scientific Absorptive Capacity in Knowledge-Intensive Industries | Strategic Alliances | Skilled Labor Markets | University Interactive Research Alliances | Oligopoly | Patents and Royalty Requirements
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المستخلص: Purposes – Sustainability and competitiveness represents the part of the economic theory that deals with sustainable economic development. This research paper focuses on the competitiveness as related to economic development in the developed countries, and in the developing (less-developed countries). This in fact deals with several pillars that provide for studying the effect of the competitiveness on key macroeconomic variables. The purpose of this is to provide for an acceptable practical measure of the application of competitiveness on development and growth. This study do not only test these effects, but also provide for a comparative analysis between the success of this approach among developed countries versus that of the developing countries. Design/methodology/approach – The extent of the economic application of sustainability and competitiveness is studied within this research paper. The common acceptable measures of the impact of sustainability and competitiveness on the process of development and that of the growth are researched and analyzed. The analysis covers the effect on key macroeconomic variables. The methodology used in this connection is extended to cover the case of both the developed countries and that of the developing countries. This study provide for a comparative analysis of the case of the developed countries versus that of the developing (less-developed) countries. . Findings - The study was conducted with the purpose of providing an integrated framework of the impact of innovation on the economic development and growth by arriving at the most reliable justifiable relevant econometric measures. The econometric running of the world data explored that there is a very strong correlation with a Pearson correlation coefficient of degree one (r = 1) between the GDP and the “competitiveness index” in one hand, and between the GDP per capita and the “competitiveness index” in the other hand. The study made set of recommendations concerning the possible means to help the developing countries to overcome their chronic economic problems through their effective participation in the sustainability and competitiveness economic practices. Originality/value - The research work is an original combination of integrated framework of the analysis of the role of the economics of sustainability and competitiveness in the process of economic development and growth. The study explored and measured the impact of applying sustainability and competitiveness on the key macroeconomic variables. This was done within a comparative approach of the case of the developed countries versus the case of the less developed countries. At the end of the study a purely new set of recommendations were made to add to the economic literature a new set of recommendations concerning the possible means to help the developing countries to maximize their economic benefits from sustainability and competitiveness at both the international and the national levels.

ISSN: 1110-4716