Innovation, human development and economic growth : interpretations and empirical analysis

Three main interrelationships emerge from the previous Chapter, i.e. interconnections between innovation systems and economic growth; economic growth and human development; and human development and innovation systems. An extensive body of empirical literature focuses on the first interrelationship, identifying different ways in which processes of innovation and technological change can increase GDP. On the other hand, the literature on the other two interrelationships is rather limited. I briefly consider the analysis and empirical contributions from the innovation-growth nexus and investigate more deeply the literature on the two other relationships.