Impact of Natural Resources and Institutional Quality on Economic Growth in GCC Countries DOI Creative Commons
Said Zamin Shah, Muhammad Faheem, Fatima Farooq

et al.

Sustainable Business and Society in Emerging Economies, Journal Year: 2024, Volume and Issue: 6(4)

Published: Dec. 31, 2024

Purpose: This study examines the economic growth dynamics of Gulf Cooperation Council (GCC) economies from 2001 to 2023, focusing on roles natural resources, institutional quality, human capital, and macroeconomic stability. Design/Methodology/Approach: The research employs Pooled Mean Group (PMG) estimation method analyze short- long-term impacts various factors within GCC region. Findings: results reveal that resources provide short-term benefits but hinder growth, highlighting need for diversification away resource dependence. In contrast, improvements in quality investments capital have significant positive effects Exchange rate fluctuations are found negatively impact both short long run, emphasizing importance Implications/Originality/Value: findings suggest countries should focus reducing their reliance by diversifying into sectors such as technology, finance, renewable energy. Strengthening frameworks through regulatory governance reforms, coupled with education innovation, will further enhance resilience. Additionally, ensuring exchange stability fiscal sustainability, along fostering entrepreneurship regional integration, is crucial maintaining growth. provides valuable policy recommendations aimed at achieving sustainable development region, urging a balanced approach management, improvements,

Language: Английский

Unlocking the potential: How does technological innovation shape inclusive wealth? Empirical insights from top seven emerging economies DOI
Yukun Zhang,

Waqar Ali Ather Bukhari,

Umut Üzar

et al.

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 370, P. 122783 - 122783

Published: Oct. 11, 2024

Language: Английский

Citations

0

Evolutionary game theory in patent alliance dynamics: strategy and policy implications DOI
Mingxing Li, Xiaomeng Chi, Jialu Su

et al.

Technology Analysis and Strategic Management, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 16

Published: June 6, 2024

This study investigates the dynamics of patent alliances, underscoring their strategic relevance for firms pursuing technological innovation and market leadership. We address issue opportunistic behaviour stemming from contractual gaps in these proposing measures to curtail such conduct bolster alliance robustness. Utilising Evolutionary Game Theory (EGT), we numerical simulations analyze motives formation, efficacy anti-opportunism strategies, influence on durability. The highlights how regulatory policies increase repercussions, fostering cooperative alliances. Our simulations, predicated defined parameters as likelihood detecting sanctioning actions, showcase factors shape decisions members. enriches theoretical discourse management by integrating EGT approach, shedding light effective deterrents against mechanisms solidarity. advocate a synchronised approach that aligns stringent practices with corporate strategies ensure resilience success crucial navigating complexities competitive technology markets maintaining long-term efficacy. comprehensive strategy is essential managing intricacies alliances securing viability productivity.

Language: Английский

Citations

0

The dynamics of energy generation, consumption, and pricing on industrial growth in the SSA region; exploring the moderating effect of financial development and technological advancement DOI
Mingxing Li, Michael Appiah, Emmanuel Baffour Gyau

et al.

Technology in Society, Journal Year: 2024, Volume and Issue: 81, P. 102796 - 102796

Published: Dec. 13, 2024

Language: Английский

Citations

0

Impact of Natural Resources and Institutional Quality on Economic Growth in GCC Countries DOI Creative Commons
Said Zamin Shah, Muhammad Faheem, Fatima Farooq

et al.

Sustainable Business and Society in Emerging Economies, Journal Year: 2024, Volume and Issue: 6(4)

Published: Dec. 31, 2024

Purpose: This study examines the economic growth dynamics of Gulf Cooperation Council (GCC) economies from 2001 to 2023, focusing on roles natural resources, institutional quality, human capital, and macroeconomic stability. Design/Methodology/Approach: The research employs Pooled Mean Group (PMG) estimation method analyze short- long-term impacts various factors within GCC region. Findings: results reveal that resources provide short-term benefits but hinder growth, highlighting need for diversification away resource dependence. In contrast, improvements in quality investments capital have significant positive effects Exchange rate fluctuations are found negatively impact both short long run, emphasizing importance Implications/Originality/Value: findings suggest countries should focus reducing their reliance by diversifying into sectors such as technology, finance, renewable energy. Strengthening frameworks through regulatory governance reforms, coupled with education innovation, will further enhance resilience. Additionally, ensuring exchange stability fiscal sustainability, along fostering entrepreneurship regional integration, is crucial maintaining growth. provides valuable policy recommendations aimed at achieving sustainable development region, urging a balanced approach management, improvements,

Language: Английский

Citations

0