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Revista Facultad de Ciencias Económicas: Investigación y Reflexión
Print version ISSN 0121-6805
Abstract
GIRALDO MARTINEZ, Guillermo Alfonso; FLOREZ ZULUAGA, Jimmy Anderson; MORANTE GRANOBLES, Diego Fernando and ESCOBAR SOTO, Jhon Fredy. Economic Effects of Investment in Defense Research and Development and its Impact on Productivity in Developed Countries. Rev.fac.cienc.econ. [online]. 2023, vol.31, n.1, pp.13-29. Epub Oct 23, 2023. ISSN 0121-6805. https://doi.org/10.18359/rfce.6223.
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.
Keywords : defense industry technology; research and development (R&D); value-added industries; high technology: competitiveness..