Impact of Science Technology and Innovation (STI) on Economic Growth and Development: A Case Study of Pakistan

  • Tariq Mahmood Ali Visiting Academic, Alliance Manchester Business School / Manchester Institute of Innovation Research, The University of Manchester, UK
  • Adiqa Kausar Kiani Associate Professor, FUUAST School of Economics, Federal Urdu University of Science and Technology, Islamabad, Pakistan
  • Khaleel Malik Senior Lecturer, Alliance Manchester Business School / Manchester Institute of Innovation Research, The University of Manchester, UK
  • Ronald R Ramlogan Senior Lecturer, Alliance Manchester Business School / Manchester Institute of Innovation Research, The University of Manchester, UK
  • Tariq Bashir Principal Research Officer, Pakistan Council for Science and Technology, Islamabad, Pakistan
Keywords: Economic Growth, Economic development, science, technology and innovation. STI Policy

Abstract

The study reports the case study research about the impact of STI on economic growth and development. 305 scientists responded the questionnaire. Out of 305, 94% (288) confirmed that STI has the impact on economic growth and economic development.  In response to the 2nd question, about the impact of their research on economic growth and development, 85 %(260) scientists supported that STI has the positive impact on economic growth. The STI system of Pakistan is also discussed and found that STI system in Pakistan is very weak. To improve STI system of Pakistan, there is dire need of long-term STI policy. Therefore, at the end of the study on the basis of survey results and STI capacity indicator, the policy recommendations and implications of the study are presented. These recommendations are very useful for STI policy makers and planners for Pakistan as well as developing countries, to improve STI situation. 

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Published
2020-06-30
How to Cite
Tariq Mahmood Ali, Adiqa Kausar Kiani, Khaleel Malik, Ronald R Ramlogan, & Tariq Bashir. (2020). Impact of Science Technology and Innovation (STI) on Economic Growth and Development: A Case Study of Pakistan. Review of Politics and Public Policy in Emerging Economies, 2(1), 35-54. Retrieved from https://publishing.globalcsrc.org/ojs/index.php/rope/article/view/1323