An empirical investigation of Triple Helix and national innovation system dynamics in ASEAN-5 economies

Article

Afzal, Munshi Naser Ibne, Mansur, Kasim Bin HJ. MD. and Sulong, Rini Suryati. 2017. "An empirical investigation of Triple Helix and national innovation system dynamics in ASEAN-5 economies." Asian Journal of Innovation and Policy. 6 (3), pp. 313-331. https://doi.org/10.7545/ajip.2017.6.3.313
Article Title

An empirical investigation of Triple Helix and national innovation system dynamics in ASEAN-5 economies

Article CategoryArticle
AuthorsAfzal, Munshi Naser Ibne (Author), Mansur, Kasim Bin HJ. MD. (Author) and Sulong, Rini Suryati (Author)
Journal TitleAsian Journal of Innovation and Policy
Journal Citation6 (3), pp. 313-331
Number of Pages19
Year2017
Place of PublicationDaejeon, Korea
Digital Object Identifier (DOI)https://doi.org/10.7545/ajip.2017.6.3.313
Web Address (URL)http://www.ajip.org/journal.do?method=currentIssue&journalSeq=J000040&menuId=&introMenuId=0201
Abstract

This paper exhibits the concept of Triple Helix model to explain and link university-industry-government (Triple Helix) connections to national innovation systems theory. The driver of this paper is to test the dynamics of Triple Helix concept under national innovation system in the Association of South East Asian Countries (ASEAN)-5 economies. Panel econometric analysis with cross-sectional dependence (CD) test is applied to investigate the relationship amongst Triple Helix variables. The empirical analysis employs innovation indicators of five founding ASEAN countries namely Malaysia, Indonesia, Singapore, the Philippines and Thailand for the period of 2000-2015 from an existing WDI and WCY database. Econometric results support the two research questions of this study; firstly, there is a significant relationship between innovation outcome and its key drivers under Triple Helix context of National Innovation System in ASEAN-5 economies; secondly, the extent of the relationship among government R&D expenditure with high-tech productions are positive and significant while new ideas coming from universities as scientific publications and high-tech production have positive relationship but not significant yet in ASEAN-5 countries. Overall labor productivity is positive and significant with innovation outcomes in ASEAN-5.

KeywordsASEAN-5, national innovation systems, Triple Helix model, university-government-industry, Pooled OLS
ANZSRC Field of Research 2020440499. Development studies not elsewhere classified
359999. Other commerce, management, tourism and services not elsewhere classified
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Byline AffiliationsSchool of Commerce
University Malaysia Sabah, Malaysia
Institution of OriginUniversity of Southern Queensland
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