paper
Impact of R&D and AI Investments on Economic Growth and Credit Rating
Davit Gondauri, Ekaterine Mikautadze
Impact of R&D and AI Investments on Economic Growth and Credit Rating
Davit Gondauri, Ekaterine Mikautadze
paper2024-11-12English
behavioral economicsarxiv
Description
The research and development (R&D) phase is essential for fostering innovation and aligns with long-term strategies in both public and private sectors. This study addresses two primary research questions: (1) assessing the relationship between R&D investments and GDP through regression analysis, and (2) estimating the economic value added (EVA) that Georgia must generate to progress from a BB to a BBB credit rating. Using World Bank data from 2014-2022, this analysis found that increasing R&D, w...
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