Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries

Guillermo Alfonso Giraldo Martínez; 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

Guillermo Alfonso Giraldo Martínez
, Jimmy Anderson Flórez Zuluaga
, Diego Fernando Morante Granobles
, Jhon Fredy Escobar Soto

Economic Analysis

Research output: Contribution to scientific journal › Article in an indexed scientific journal › peer-review

Abstract

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.

Original language	Spanish (Colombia)
Journal	Facultad de Ciencias Económicas
Volume	31
Issue number	1
State	Published - 23 Oct 2023

Types Minciencias

Artículos de investigación con calidad B

Cite this

@article{be4cd137837c47bc9a727289ba8a8105,

title = "Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries",

abstract = "This work is based on the hypothesis that a country{\textquoteright}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{\textquoteright}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.",

author = "Mart{\'i}nez, \{Guillermo Alfonso Giraldo\} and Zuluaga, \{Jimmy Anderson Fl{\'o}rez\} and \{Morante Granobles\}, \{Diego Fernando\} and \{Escobar Soto\}, \{Jhon Fredy\}",

year = "2023",

month = oct,

day = "23",

language = "Espa{\~n}ol (Colombia)",

volume = "31",

journal = "Facultad de Ciencias Econ{\'o}micas",

issn = "0121-6805",

number = "1",

}

Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries. / Martínez, Guillermo Alfonso Giraldo; Zuluaga, Jimmy Anderson Flórez; Morante Granobles, Diego Fernando et al.
In: Facultad de Ciencias Económicas, Vol. 31, No. 1, 23.10.2023.

Research output: Contribution to scientific journal › Article in an indexed scientific journal › peer-review

TY - JOUR

T1 - Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries

AU - Martínez, Guillermo Alfonso Giraldo

AU - Zuluaga, Jimmy Anderson Flórez

AU - Morante Granobles, Diego Fernando

AU - Escobar Soto, Jhon Fredy

PY - 2023/10/23

Y1 - 2023/10/23

N2 - 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.

AB - 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.

M3 - Artículo en revista científica indexada

SN - 0121-6805

VL - 31

JO - Facultad de Ciencias Económicas

JF - Facultad de Ciencias Económicas

IS - 1

ER -