Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries
This work is based on the hypothesis that a country’s technological development and innovation in the security and defense sector is a critical factor for developing high-tech industries and thus promoting the country’s competitiveness. This research seeks to establish a correlation between defense...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Editorial Neogranadina
2023-10-01
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| Series: | Revista Facultad de Ciencias Económicas |
| Subjects: | |
| Online Access: | https://revistas.unimilitar.edu.co/index.php/rfce/article/view/6223 |
| _version_ | 1797652138609868800 |
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| author | Guillermo Alfonso Giraldo Martinez Jimmy Anderson Flórez Zuluaga Diego Fernando Morante Granobles Jhon Fredy Escobar Soto |
| author_facet | Guillermo Alfonso Giraldo Martinez Jimmy Anderson Flórez Zuluaga Diego Fernando Morante Granobles Jhon Fredy Escobar Soto |
| author_sort | Guillermo Alfonso Giraldo Martinez |
| collection | DOAJ |
| description |
This work is based on the hypothesis that a country’s technological development and innovation in the security and defense sector is a critical factor for developing high-tech industries and thus promoting the country’s competitiveness. This research seeks to establish a correlation between defense economics (DE), security investments in research and development (R & R&D), and the generation of value-added products in high-tech industries from 2009 to 2018, based on models used in the United States, China, and Japan. Quantitative, descriptive, and non-experimental research was implemented to conduct a statistical verification. This contributed to determining the connection between value-added productivity (VAP) indicators related to investments in R&D, the Competitiveness Index, value-added industries, and high-technology exports creating a correlation between the DE indicator and investments in research discovering positive relationships among these variables.
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| first_indexed | 2024-03-11T16:25:44Z |
| format | Article |
| id | doaj.art-054db5de95084764be4ffb1ced6a2d70 |
| institution | Directory Open Access Journal |
| issn | 0121-6805 1909-7719 |
| language | English |
| last_indexed | 2024-03-11T16:25:44Z |
| publishDate | 2023-10-01 |
| publisher | Editorial Neogranadina |
| record_format | Article |
| series | Revista Facultad de Ciencias Económicas |
| spelling | doaj.art-054db5de95084764be4ffb1ced6a2d702023-10-24T10:35:06ZengEditorial NeogranadinaRevista Facultad de Ciencias Económicas0121-68051909-77192023-10-0131110.18359/rfce.6223Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed CountriesGuillermo Alfonso Giraldo Martinez0Jimmy Anderson Flórez Zuluaga1Diego Fernando Morante Granobles2Jhon Fredy Escobar Soto3FACFACFACCorporación Universitaria Remington This work is based on the hypothesis that a country’s technological development and innovation in the security and defense sector is a critical factor for developing high-tech industries and thus promoting the country’s competitiveness. This research seeks to establish a correlation between defense economics (DE), security investments in research and development (R & R&D), and the generation of value-added products in high-tech industries from 2009 to 2018, based on models used in the United States, China, and Japan. Quantitative, descriptive, and non-experimental research was implemented to conduct a statistical verification. This contributed to determining the connection between value-added productivity (VAP) indicators related to investments in R&D, the Competitiveness Index, value-added industries, and high-technology exports creating a correlation between the DE indicator and investments in research discovering positive relationships among these variables. https://revistas.unimilitar.edu.co/index.php/rfce/article/view/6223Defense Industry TechnologyResearch and Development (R&D)Value-Added IndustriesHigh TechnologyCompetitiveness |
| spellingShingle | Guillermo Alfonso Giraldo Martinez Jimmy Anderson Flórez Zuluaga Diego Fernando Morante Granobles Jhon Fredy Escobar Soto Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries Revista Facultad de Ciencias Económicas Defense Industry Technology Research and Development (R&D) Value-Added Industries High Technology Competitiveness |
| title | Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries |
| title_full | Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries |
| title_fullStr | Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries |
| title_full_unstemmed | Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries |
| title_short | Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries |
| title_sort | economic effects of investment in defense research and development and its impact on productivity in developed countries |
| topic | Defense Industry Technology Research and Development (R&D) Value-Added Industries High Technology Competitiveness |
| url | https://revistas.unimilitar.edu.co/index.php/rfce/article/view/6223 |
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