The Challenges of Measuring Scientific Research Productivity and Impact in Developing Economies
International Journal of Business and Economics Research
Volume 9, Issue 3, June 2020, Pages: 109-116
Received: Mar. 10, 2020; Accepted: Mar. 24, 2020; Published: Apr. 23, 2020
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Authors
Yassir Hussain, Qatar National Research Fund, Doha, Qatar
Laoucine Kerbache, Engineering Management and Decision Sciences, College of Science and Engineering, Hamad Bin Khalifa University, and HEC-Paris, Doha, Qatar
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Abstract
Scientific research is a difficult investment to measure. On the one hand, many developing countries around the world use scientific research as a mean to improve their economy and has found way to reduce their dependency on their natural resources. On the other, scientific research is an expensive endeavor. In this paper, we look at the different factors impacting scientific research and consider the relationship between governments and researchers, the impact of businesses on basic research funding, and the methods through which the performance scientific research is measured. This paper also considers the impact of scientific research funding measures on researchers’ careers and briefly discuss the common public research funding mechanisms around the world. We also discuss knowledge-based economy and Solow’s theory of economic growth and its later development made by Romer and some the elements that are not addressed by them. In this review, we have considered developing economies and the difficulties they face in moving away from their dependence on their natural resources towards become economies dependent on producing knowledge and implementing this knowledge into their business practices. This paper takes a closer look at the state of Qatar since it is a developing country trying to move away from its economy’s dependence on fossil fuel production to a knowledge-based economy.
Keywords
Academic Research, Economic Impact, Knowledge Transfer, Academia-Industry Relations, Knowledge-based Economy
To cite this article
Yassir Hussain, Laoucine Kerbache, The Challenges of Measuring Scientific Research Productivity and Impact in Developing Economies, International Journal of Business and Economics Research. Vol. 9, No. 3, 2020, pp. 109-116. doi: 10.11648/j.ijber.20200903.13
Copyright
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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